The US is sliding towards 1930s-style autocracy, warns Ray Dalio - one of the few investors to speak out on concerns over the Trump administration. www.ft.com/content/b86b...
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Dalio is pointing out whats basically already happened. Everyone we expected to fight back against him has basically folded without a fight. Law firms, universities, the media, corporations. Masked law enforcement snatching people off the streets. Looks very authoritarian to me.
sep 2, 2025, 7:58 am • 1 0 • view
And here is a strong column from @gideonrachman.bsky.social on Trump’s fawning cabinet and the threat to US democracy www.ft.com/content/4052...
sep 2, 2025, 6:20 am • 7 2 • view
and on a related theme - @robarmstrong.bsky.social on why the market is ignoring the attack on the Fed www.ft.com/content/3a80...
sep 2, 2025, 6:21 am • 6 2 • view
Some companies made a lot of money out of corporate fascism of the Third Reich. How long before labour camps?
sep 2, 2025, 8:38 am • 0 0 • view