SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (20342)6/2/2017 1:15:18 PM
From: bentway  Read Replies (1) | Respond to of 357882
 
>>I woke up this morning sad in the recognition that I had seen the zenith of US hegemony in the world, now in the rear view mirror. Trump with his tribalist, zero-sum mentality and supreme ignorance, has not just let that go but kicked it in the face and out the door.<<

Just so. Our institutions may save us from Trump, but they can't save us from this damage he has done. Our 'soft power', once very formidable, is now just vapor. The world can no longer look to America as a rock of stability. We elected a Trump. We can do it again, at any time.

As this sinks in globally, I expect it to cause us considerable economic harm. Perhaps the Yuan as the international reserve currency? Will interest rates rise as nations no longer buy our bonds to finance our debt?