I disagree. When you’ve got the amount of money he had (and a famous name) you can literally keep trying out different ideas until one sticks with no real consequences if it goes wrong. Bankruptcy ruin most ordinary people, he’s had it multiple times to no effect
Especially when an idea fails and you solve the problem by failing to pay all the small businesses you owe money to and can afford to tie your creditors up in legal fights forever, a tactic he used as a matter of routine.
Elizabeth Bowen
1 month ago
*Taylor Swift and her father manically confabulating over breakfast at 5:45 AM.*
Really? It’s not hard to understand (Kyeyune tends to write shorter articles with limited depth). The US political and economic systems are broken. 2024 is likely to be the last election fought between representatives of the old social and economic order. No one knows what comes next, but it probably won’t be good, at least not in the short term.
Speaking purely for myself, there is strong sense of change in the air. It is long overdue, and whether older people of my generation (or older) approve of it, a new order will emerge in the US election of 2028. Trump and Biden are the ghosts of Christmas Past.
You’re not wrong, Sam. The author doesn’t have the courage to blame the Democrats for their evil ways and acute TDS, so he has to attempt to also blame Donald Trump for… something, anything, whatever.
Not a very satisfactory article. It simply describes the dilemma that Americans face without even attempting to deal with the underlying causes: the parasitism of the graduate class, the corruption of even the lowliest democratic processes by Wall Street money and the degeneracy of academia into pseudo-science and soft bigotry. I expect better from Unherd.
“2024 might turn out to be one of those elections where there is no winner”
Ya don’t say? For this I wasted a few minutes of my life? LOL
Alex Lekas
1 month ago
Given the way the lawfare against Trump was conducted, however, it doesn’t really matter whether this particular case had merit or not, or whether Trump really did engage in fraud or not.
Therein lies the root of the problem – using the legal system as a weapon against political opponents. It’s not what first-world nations do and when “it doesn’t really matter” if a case has merit or not, you have entered tinpot dictatorship territory with the purges soon to follow. Trump reacted to a situation of the administration’s making, an unforced error that Biden acolytes still believe is going to result in jail time. It won’t. No sane person thinks it will.
As to economics, yes, the debt keeps rising and it is as bipartisan a result as anything that comes out of DC. The debt will continue to rise until the enterprise crashes because no one has the courage to hold the line on spending, let alone reduce it. And anyone who does vote against more largesse stands a fair chance of losing at the next election because we have made it politically advantageous for people to do the wrong thing.
“Therein lies the root of the problem – using the legal system as a weapon against political opponents. It’s not what first-world nations do.”
Yep. This is the kind of dumb behaviour that sheer, blind hatred leads to. I’m a staunch (British) conservative, so you can guess where my sympathies lie. Nonetheless, I feel that both sides need to “simmer down, y’all”.
But they won’t.
Buy Swiss francs and yuan. And perhaps gold.
Well he’s an interesting alternative, but he isn’t going to fix the economy either.
it might be amusing to watch if he does well enough to foul up the electoral college
simon lamb
1 month ago
“Just as the courts, which are meant to be impartial and non-political, can be weaponised in the ongoing war between America’s two political tribes” I don’t where he has been hiding that he know’s so little about them, but these are real charges for real crimes often brought by Trump-appointed judges, and only allowed to be prosecuted if allowed by a Grand Jury. Duh. I’m wasting no more time on this ignorant and self-satisfied article. Disappointing of Unherd to waste my time with it
The preposterous is also real. Doesn’t make it right.
Steven Targett
1 month ago
If the US sinks then so does the rest of the free world. Better brush up on my Mandarin.
Mark Melvin
1 month ago
The author made some early fun findings and points before self immolation. The US is not existentially and fiscally f****d. it is at 97% GDP, tough but not yet disastrous. Japan has 300% and has as corrupt a political system as you could wish. The US has problems of course but please some perspective. Janet Yellen’s target is less than 2% GDP debt service cost which is some way off still. Problems abound but not yet this one although Ms Yellen do please pay attention. Try another avenue.
It’s no more f***ed than any other country, especially Europe.
All of our politicians are so short termist they would rather spend money they don’t have than take the political pain of raining in spending to a sustainable level.
Ah…an exponent of the Magic Money Tree. At $1 trillion deficit every 3 months (that’s $416 million every hour!) and interest rates rising again, not falling, how long do you think it will take for debt service to become the largest item in the Federal budget, bigger even than the bloated US military budget? Not to mention the huge unfunded deficits of social security and Medicare which take your 97% GDP closer to 150%.
But Janet Yellen says we’re on target. Well, that’s reassuring
Madas A. Hatter
1 month ago
Trump tried openly to rig the election in Georgia. Fact. When that failed he whipped up a riot to stop the election result being implemented. Fact. He outrageously over-valued his assets with the result that he deprived lenders of the higher interest rates they were entitled to vis-à-vis the risk of the loans. Fact. This is not ‘lawfare’. It is holding a criminal to account. When politics prevent the law from taking its course, that’s when you have a tin-pot dictatorship.
Trump does seem to be a winner and come out on top.
He’s certainly a very sore loser.
It’s quite hard to fail when you’re born that rich to be fair
It’s really not, you know. Second generation wealth evaporates more often than not.
I disagree. When you’ve got the amount of money he had (and a famous name) you can literally keep trying out different ideas until one sticks with no real consequences if it goes wrong. Bankruptcy ruin most ordinary people, he’s had it multiple times to no effect
Especially when an idea fails and you solve the problem by failing to pay all the small businesses you owe money to and can afford to tie your creditors up in legal fights forever, a tactic he used as a matter of routine.
*Taylor Swift and her father manically confabulating over breakfast at 5:45 AM.*
There is a winner of every election, FYI
Your band needs a financial advisor.
I think you know what I meant, Elizabeth.
I don’t get the point of this article. It’s filler.
Really? It’s not hard to understand (Kyeyune tends to write shorter articles with limited depth). The US political and economic systems are broken. 2024 is likely to be the last election fought between representatives of the old social and economic order. No one knows what comes next, but it probably won’t be good, at least not in the short term.
Speaking purely for myself, there is strong sense of change in the air. It is long overdue, and whether older people of my generation (or older) approve of it, a new order will emerge in the US election of 2028. Trump and Biden are the ghosts of Christmas Past.
You’re not wrong, Sam. The author doesn’t have the courage to blame the Democrats for their evil ways and acute TDS, so he has to attempt to also blame Donald Trump for… something, anything, whatever.
And shallow filler at that.
I enjoyed this essay. Even though I grudgingly support Trump, to expect him to deliver fiscal responsibility is wishful thinking.
God Almighty likes Trump.
Not a very satisfactory article. It simply describes the dilemma that Americans face without even attempting to deal with the underlying causes: the parasitism of the graduate class, the corruption of even the lowliest democratic processes by Wall Street money and the degeneracy of academia into pseudo-science and soft bigotry. I expect better from Unherd.
“2024 might turn out to be one of those elections where there is no winner”
Ya don’t say? For this I wasted a few minutes of my life? LOL
Given the way the lawfare against Trump was conducted, however, it doesn’t really matter whether this particular case had merit or not, or whether Trump really did engage in fraud or not.
Therein lies the root of the problem – using the legal system as a weapon against political opponents. It’s not what first-world nations do and when “it doesn’t really matter” if a case has merit or not, you have entered tinpot dictatorship territory with the purges soon to follow. Trump reacted to a situation of the administration’s making, an unforced error that Biden acolytes still believe is going to result in jail time. It won’t. No sane person thinks it will.
As to economics, yes, the debt keeps rising and it is as bipartisan a result as anything that comes out of DC. The debt will continue to rise until the enterprise crashes because no one has the courage to hold the line on spending, let alone reduce it. And anyone who does vote against more largesse stands a fair chance of losing at the next election because we have made it politically advantageous for people to do the wrong thing.
“Therein lies the root of the problem – using the legal system as a weapon against political opponents. It’s not what first-world nations do.”
Yep. This is the kind of dumb behaviour that sheer, blind hatred leads to. I’m a staunch (British) conservative, so you can guess where my sympathies lie. Nonetheless, I feel that both sides need to “simmer down, y’all”.
But they won’t.
Buy Swiss francs and yuan. And perhaps gold.
#RobertKennedyJnr
Well he’s an interesting alternative, but he isn’t going to fix the economy either.
it might be amusing to watch if he does well enough to foul up the electoral college
“Just as the courts, which are meant to be impartial and non-political, can be weaponised in the ongoing war between America’s two political tribes” I don’t where he has been hiding that he know’s so little about them, but these are real charges for real crimes often brought by Trump-appointed judges, and only allowed to be prosecuted if allowed by a Grand Jury. Duh. I’m wasting no more time on this ignorant and self-satisfied article. Disappointing of Unherd to waste my time with it
What about Jon Stewart apartment?
The preposterous is also real. Doesn’t make it right.
If the US sinks then so does the rest of the free world. Better brush up on my Mandarin.
The author made some early fun findings and points before self immolation. The US is not existentially and fiscally f****d. it is at 97% GDP, tough but not yet disastrous. Japan has 300% and has as corrupt a political system as you could wish. The US has problems of course but please some perspective. Janet Yellen’s target is less than 2% GDP debt service cost which is some way off still. Problems abound but not yet this one although Ms Yellen do please pay attention. Try another avenue.
It’s no more f***ed than any other country, especially Europe.
All of our politicians are so short termist they would rather spend money they don’t have than take the political pain of raining in spending to a sustainable level.
Ah…an exponent of the Magic Money Tree. At $1 trillion deficit every 3 months (that’s $416 million every hour!) and interest rates rising again, not falling, how long do you think it will take for debt service to become the largest item in the Federal budget, bigger even than the bloated US military budget? Not to mention the huge unfunded deficits of social security and Medicare which take your 97% GDP closer to 150%.
But Janet Yellen says we’re on target. Well, that’s reassuring
Trump tried openly to rig the election in Georgia. Fact. When that failed he whipped up a riot to stop the election result being implemented. Fact. He outrageously over-valued his assets with the result that he deprived lenders of the higher interest rates they were entitled to vis-à-vis the risk of the loans. Fact. This is not ‘lawfare’. It is holding a criminal to account. When politics prevent the law from taking its course, that’s when you have a tin-pot dictatorship.