God’s Work – Fat Tail Daily | Australian Markets

Lose-Lose Deals - Fat Tail Daily Lose-Lose Deals - Fat Tail Daily

God’s Work – Fats Tail Day by day | Australian Markets


To date, we’re solely a couple weeks into Donald Trump’s second strive at governing the USA… it’s all the things we anticipated – and more!.

Getting rid of DEI… abandoning the Power Transition… closing departments and firing federal employees… pardoning Ross Ulbricht — yes, there are vibrant spots.

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It’s time for it to die’, stated Elon Musk of the USAID. The company ‘promotes democracy’ by undermining elections, engineering regime adjustments, spreading propaganda…and funnelling billions of {dollars} to its chummy crony contractors. It ought to have been put to death a long time in the past. And there are a lot of different businesses that needs to be terminated together with it.

However there are some darkish spots too — trade wars… drug wars…Panama, Greenland, and now Gaza! banning, prohibiting, sanctioning, tariffing…ignoring the Structure… flights of fancy, doomed to crash…and lose-lose offers that make no actual sense.

Right here’s the latest:

Trump orders creation of a U.S. sovereign wealth fund

President Trump on Monday took the first steps toward his administration creating a government-owned investment fund, tasking the heads of the Treasury Department and Commerce Department with beginning the process to create an American sovereign wealth fund.

Uh…

Don’t you need some ‘wealth’ to create a ‘wealth fund?’ Norway did it with the money it bought from North Sea oil. China’s trillion-dollar wealth fund comes from its trade surpluses.

The place will the US wealth come from? The federal government runs deficits… America’s trade steadiness is unfavorable. And it has practically $37 trillion in anti-wealth… aka debt.

No matter ball Mr. Trump has his eye on, it ain’t the one which issues. In all of the sound and fury of Trump’s government orders and confrontations, there may be scarcely any point out of the true problem: avoiding a fiscal disaster.

However the good factor about Donald Trump… the recent air of his administration…is that he’s so transparently rapacious. Nearly all the things he says is a lie, or a mistake, or plain nonsense. However it isn’t gussied up with taffeta speak of the ‘rule of law’…the Structure…or the ‘dignity of the Oval Office’. All of the claptrap and cupidity of an growing old empire…just like the portray of Dorian Grey…is lastly on show. Pearls and Irritations opines:

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What Trump is announcing to Americans and the world contains more than elements of a new security, economic, political and human rights order. He is essentially proclaiming a new Pax Americana charter to replace the United Nations charter which he, and it should be noted, together with other US presidents have consistently violated since the charter was established in 1945 but which none until Trump has explicitly repudiated.

Till now, America’s violence was cloaked within the hypocrisy of the twentieth century. We had been ‘making the world safe for democracy’. We had been selling the globalised ‘liberal’ order…and defending the world from fascism… after which, from communism…and later from terrorists. Donald Trump ‘tells it like it really is’. We’re in it for what we are able to get out of it. And now, the entire world is aware of it. The Guardian:

Trump demands rare earths from Kyiv in exchange for aid

US reportedly briefly paused weapon shipments into Ukraine…

“We’re telling Ukraine they’ve very precious uncommon earths,” Trump stated on Monday. “We’re looking to do a deal with Ukraine where they’re going to secure what we’re giving them with their rare earths and other things.” Trump, chatting with reporters on the White Home, stated Ukraine was keen, including that he desires “equalisation” from Ukraine for Washington’s “close to $300bn” in assist.’

Trump is dangerous. Trump is sweet. He’s ‘destroying our democracy’. Or, he’s a genius, given to us (by God!) to make us great again.

Our own guess — an admittedly grandiose sweep of historic dot connecting — is that Mr. Trump is just Mr. Trump…neither dangerous nor good…however simply one other one of historical past’s helpful dupes. His actual mission, of which he’s totally unaware, is to not save the empire, however to sink it.

God doesn’t allow trees to grow to the sky… nor does He permit empires — no matter what their pretensions — to rule ceaselessly. All issues made by man have a starting…and an finish. The Roman Empire needed its Augustus…and its Caligula.

And now, Donald J. Trump… Time’s ‘man of the year’…appears to be doing God’s work, hastening the top of American hegemonic energy by turning a lot of the world towards the USA.

This view is so out-of-step with the majority of in style opinion…it have to be both very mistaken…or very proper. Whichever. We’ll settle for the decision of historical past, when it’s lastly rendered.

Except it goes towards us.

Regards,

Invoice Bonner,
For Fats Tail Day by day

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All advice is common advice and has not taken under consideration your personal circumstances.

Please search unbiased financial advice concerning your own scenario, or if doubtful in regards to the suitability of an investment.

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