To The Victor Goes The Spoils System

Let's not kid ourselves: Donald Trump would like nothing more than to preside over the latter stages of a late-90s-style risk asset melt-up -- just so long as he's out of office or otherwise free from blame in the event of a collapse. US equities are trading with bubble-like valuations, and signs of froth are everywhere in the wake of Trump's "surprisingly" emphatic election win this month. Have a look at the manifestly silly figure below. It depicts a tsunami of inflows to crypto funds, which

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4 thoughts on “To The Victor Goes The Spoils System

  1. When The Simpsons writers introduced Frank Grimes to point out the absurdity of Homer Simpson, we could laugh about the universe that those characters inhabited and the untimely end of Frank Grimes. It’s not as funny when the real Homer Simpson is President.

    To quote Grimey, “if [Trump] lived in any other country in the world, he would have starved to death long ago.”

  2. Prestige Worldwide. I’m dying. The Step Brothers might do a better job running the country.

    Please consider a Culture section. We briefly exchanged comments on this a year ago or so. Movies, books, perhaps a review of high-quality television. I know you’re busy, but we’d all love it.

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