Latest / Systemic Error Podcast
How Trump's 'magical thinking' is destroying the economy
The Market Doesn’t Mysteriously Worship Trump. It Prices Power.The SetupThe source story points to a blunt contradiction: Trump is presiding over a war that has cost the U.S. billions, rattled oil markets, and caused global economic damage, while equities keep climbing and SpaceX is being valued at absurd heights. That is the surface event. The deeper fact is uglier: wealth is not acting like an independent judge of reality. It is responding to political force, elite protection, and the expectation that damage will be socialized while gains stay privatized.Who Actually Has PowerTrump holds…
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