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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12 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.

  3. Such a major change described in the comments would effectively kill what The Heisenberg Report has as it’s uniqueness. Catch and Kill would be the effect. Maybe that would be a good thing, especially if the MAGAT’s demand to control all expression like some are demanding. It would give a way to fade into obscurity by taking the money and run.

    1. “Engineer” I’m not sure what you’re talking about here, to be completely honest. No one’s suggesting any “major changes” to Heisenberg Report, nor are any such changes planned. By “culture section,” they were referring to my book and film recommendations. It was a reference to some comment section from a long time ago.

  4. Your last two sentences sum up the situation well. Many Americans literally have no ideas. No perspective. No sense of history. I’m in wait and see mode. Imagine if the unraveling of norms and relations in the US and globally is in its infancy. I can’t envision it clearly at all, which is somewhat unusual, so I’ll wait on many trading and investing decisions until the lunatic is screaming in the WH. Unless something breaks (or blows up) that will cause a crisis for T on Day 1. He’s never met a crisis he won’t make worse.

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