A New Golden Age? – Fat Tail Daily | Australian Markets

The Big Man simply retains getting greater. America’s strongman is pushing for more energy…testing the boundaries of his authority.

Good or dangerous? Substance or mere fashion? There’s definitely a lot of bluff, bluster and blah blah concerned. But there are actual modifications, too…ones that can have an effect on our lives and our money.

Trade with Canada and Mexico goes on a lot as earlier than. But on the entire, US customers face tariff taxes a lot greater than they used to. And they had been imposed by the Big Man, not by the peoples’ representatives in Congress. This is a new approach to govern. And it appears to substantiate Oswald Spengler’s prophecy — that across the 12 months 2000, consensual democracy would give approach to ‘Caesarism.’

Last week, Caesar flexed his muscle mass.

Not in chronological order…

Mr. Trump took it upon himself to offer a half of one sovereign international nation (the Ukraine) to a different sovereign nation (Russia). It was as if the French president had supplied to offer North Dakota to Canada to unravel the tariff spat. The Jerusalem Post:

US President Donald Trump will meet with Russian President Vladimir Putin to barter an finish of the battle in Ukraine on August 15 in Alaska, Trump stated on Friday. “There’ll be some swapping of territories to the betterment of both,” Trump stated.

Zelensky apparently stated ‘nyet’ or regardless of the Ukrainians say after they imply ‘no deal.’ But Zelensky will flanked by two large males – Trump and Putin.

Then, Mr. Trump threatened the innovative of the electronics industry with draconian new taxes. The Wall Street Journal:

Trump Announces 100% Tariff on Chips, With Exemptions for Companies Investing in U.S.

How a lot should they invest? On what? When? The large man will resolve that later.

In the meantime, the president can also be setting up a new ‘terrorist’ risk…and proposing to sic the US Army on it. El Pais:

Trump orders US military to fight international drug cartels

US troops in Mexico? To that, Mexican president, Claudia Sheinbaum, replied ‘no way, Jose.’

Then, POTUS accused a international head of state of being a ‘terrorist’ drug pusher…and put a price on his head. BBC:

The US has doubled a reward for info resulting in the arrest of Venezuelan President Nicolás Maduro to $50m (£37.2m), accusing him of being “one of the largest narco-traffickers in the world”.

And now he’s increasing his own inner paramilitary power, with a $75 billion finances increase for ICE and signing bonuses of $50,000 for the primary 10,000 new recruits. Trump claims ICE has the facility to arrest, imprison and/or deport people, principally on his say-so alone.

The Soviets had the Cheka. North Korea has its Ministry of State Security. Why not ICE for the US? Former US diplomat, James L. Bruno, spent a few years in ‘authoritarian’ nations. He worries that…

The administration is laying the groundwork for a police state with the fast enlargement of ICE…

But returning to the matter of fashion…that too suggests a strongman motif. Previously, the White House was a model of refined Episcopalian grace. It was ‘restrained neoclassicism,’ with the understated class of the British higher lessons or the American elite.

In aesthetics, nevertheless, the Trump Administration echoes its ham-handed strategy to statecraft. It tends towards a gaudier, Mar-a-Lago look. Melania doesn’t seem like Mamie Eisenhower. And now the White House is getting a trophy look, too. It has been tarted up in gold — simply as if it had been Caesar’s Palace in Las Vegas. The rose garden has been coated in concrete. And Trump is planning a new 90,000 sq. foot ballroom.

Big Men suppose Big. And as with Louis 14th’s Versailles, or Mussolini’s Coloseo Quadrato, their initiatives signal the majesty of their creators…however not essentially their good style.

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