How many doors does your passport open? Those from rich countries will find the answer to be “quite a few”—but fewer if they slam their doors on others. The number of countries Americans can visit without a visa has fallen as America has tightened visa rules for other countries, which have a habit of retaliating.

Rich countries may wave goodbye to another underexamined privilege: stable living standards in generous welfare states. Rich countries are vastly overspending, and may soon have to inflate their way out of the debt they are building up.

And in today’s episode of The Insider a panel of our editors examined America’s economy. It has stood up to two big shocks since Donald Trump returned to office. But does a reckoning await?