Trump Doctrine? Global Pragmatism. Make deals. With Russia to help combat terrorism in return for a softer ouster of the House of Assad. Also allowing Putin to push boundaries in his own backyard. Secretary of State Rex Tillerson leverages Exxon-Mobil relationships to get key players around the table. Was strident Syria stand-off a ploy to divert attention from potential election collusion? To pave the way for a nouveau détente. Probably. And with China. Financial and trade deals in exchange for help with Syria and North Korea.
Of course. Trump could derail his own doctrine in a minute. In reaction to a perceived slight. With an errant press conference remark. Or a tweet.
No. Not Trump Tower & Times Square traffic at Christmastime. Nor gridlock in government. It’s the new global economic reality. Coined in the U.K. JAM = Just About Managing. Families who are living paycheck to paycheck. Just getting by. At best. Brexit voters and Theresa May. France’s LePen backers. Italian anti-Renzi renegades. Trumpsters in the U.S.A.
It’s the economy all the way. Class stratification across ethnic, political and ideological labels. There were lots of non-white faces at that Carrier plant in Indiana. Get it elite donor class? Leave your safe spaces. Understand the working-class voters. It’s a new day.
Steak dinner was great. Then. The debate. Neither took my advice. Hillary wore a red Bozo the Clown outfit. Donald showed up. Clinton seemed rested. Trump tired. Nobody landed a knockout punch. Pundits loved HRC. Middle America stayed with DJT. Call it a draw.
Meanwhile. DeutscheBank looks like it’s going the way of Lehman. Highest stakes in Euroland. If Merkel doesn’t bail it out, will the continent’s economy collapse. Could be.
With Britain out of the EU there is no strong leader to thwart a nationalistic tide and corral an economy in decline. Angela Merkel confronts a shaky election season, with Euro quaking. Wage stagnation, quantitative easing under fire, Bundesbank v. ECB portends a floppy future. As Janet Yellen grapples with interest rate decisions, sub-zero seems silly over there. Yet. What are we facing here? The prospects for weak leadership and a growing sentiment for nationalism.
American tourists’ stock proclamation. “We’re going to YERP this summer.” If it’s Tuesday it must be Belgium. Guided bus tours and Viking river cruises. Groups going from one YERP-ean country to the next. Sweden? No. Switzerland? Where are we today? As in Bermuda shorts high-socks wearing wanderers. Then in 1992 it became an economic experiment. The EU. The Euro. Central Bank Chairs thought it could succeed. YERP. Despite centuries of ingrained cultures and histories. Former enemies financial friends. Nope. Never thought it would work.
Globalization is not in style, Hillary. Mark Cuban. Warren Buffett. Notwithstanding.
Chicken Little. The Sky is falling. Anti-Brexit doomsday cry. Not yet. Markets rallied. Motivates more to try leaving the EU. If dire predictions are not realized by November Trump’s fortunes will rise. Especially if he is running against Shrill & Shriller. And. My head will explode.
Nate Silver says Hillary will win with 80% of the vote. He’s better at calling ball games. Speaking of Game of Thrones. Cersei’s revenge was the scene of the season. Gorgeous musical score. Who’s your Daddy Jon Snow? Winterfell meets the dragons next year.
Yup. Brexit. Frexit. Nexit will be Trump. Brits’ vote canary in the coal mine. Nationalism seizes the day. Hillary’s rally for reason does not capture the call for disruption dominating the world. Elites continue aloft in their bubbles hoping for a Deus Ex Machina. She ain’t it. Stability doesn’t sell in this cycle. Stale and more of the same will fail. Outside of financial capitals, they’re mad as hell. Wake up or get off the highway at the next exit. Full speed ahead.