@AkaSci@fosstodon.org
Paul Krugman:
"Trump seems to be collapsing on multiple fronts, with the collapse on each front reinforcing the collapse on others. The Epstein affair is coming to a head even as the public loses all faith in his economic policy, and the whole structure of fear on which his regime rests appears to be evaporating.
I donβt know how this ends ... but the U.S. political universe looks very different than it did a few weeks ago."
Let's keep the momentum going.
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https://paulkrugman.substack.com/p/reminder-crypto-is-a-trump-trade
#UsPol 2/n
@AkaSci@fosstodon.org
Krugman on crypto:
"Crypto has become a Trump trade. An industry thatβs still having very little success in finding legal use cases for its products basically bought itself a president. For a while that looked like a great investment. But with Trumpβs power evaporating, itβs starting to look like money down the drain. And I believe that the crypto crash in part reflects a realization that the political patronage the industry was relying on may not continue."
https://paulkrugman.substack.com/p/reminder-crypto-is-a-trump-trade
#UsPol
3/n