On What Really Matters, Walter Russell Mead discusses the possibility of a recession, the new Chinese railway in Africa, and how Donald Trump’s approach to Vladimir Putin compares with Franklin D. Roosevelt’s to Joseph Stalin and Richard Nixon’s to Leonid Brezhnev.
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US Secretary of War Pete Hegseth and Japan’s Minister of Defense Shinjiro Koizumi inspect a guard of honor on October 29, 2025 in Tokyo, Japan. (Getty Images)