"Elect A Clown -- Expect A... Circus." 94th Edition, And Counting.

The case is being made -- even in some reliably very conservative quarters -- that Tangerine 2.0 has damaged, perhaps for years -- the US's financial plumbing in a way that Japan's Yen may now be the true reserve currency, globally. At least until the mad hatter's tea party ends (Trump leaves office, or dies -- whichever shall first occur).

But Paul Krugman's (yes he's a liberal) is likely the clearest walk through Tangerine's present completely irrational mayhem and chaos posturing. Without added ado then, here's Paul Krugman's fine piece on these insane and wildly damaging (to America, and Americans) tariff flip-flops:

. . .Did I see this coming? No, not really. Unlike the sane-washers, I knew that Trump’s policies would be irresponsible and destructive. However, even I didn’t expect him to destroy credibility accumulated over 80 years in less than three months. But he has.

And even if Trump were to backtrack on everything he’s done, we wouldn’t get the lost credibility back. The whole world, sane-washers aside, now knows that America is run by a mad king, surrounded by enablers, who can’t be trusted to behave rationally. . . .

I don’t know how this ends. In fact, I don’t know what policy will be next week. But that’s basically the point. . . .

Yes -- the markets hate uncertainty. But they especially loathe "manufactured" or self-inflicted uncertainty.

"Heckuva' job, there, Trumpie."

Out.

नमस्ते