The Only Government System That Actually Works Is The One With No Populism In Its Design

” At a time of rock-bottom confidence in public institutions, it is notable that the intelligence oversight system, a system with hardly a trace of populism in its design, actually works effectively at its core purpose: assuring the public that the intelligence community is doing its job within the law.”

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We’re Devolving: “It Used To Be That Politics Only Trumped Econ In Emerging Markets – Not Anymore”

“Yet, the chart which struck me as most relevant in the whole thing showed how market response to either Fed or ECB meetings has become calmer and calmer, whereas the response to the three major G7 political events of the last year (and a bit) has been so dramatic.”

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Deutsche Bank’s Kocic Delivers Stark Warning: Beware Populist “Buyer’s Remorse”

“The initial embrace of populism has gained traction based largely on a belief that political disruption, as a mode of change, deserves the same status that creative destruction used to have in the post industrial era with resulting political entropy becoming one of the main sources of market volatility.”

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