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Trump’s Long Shutdown Could Destabilize the World
The long and short of it is that American stability is the only reason we live as comfortably as we do. It's why the world invests in us, be it by buying US T-Bills or stocks on the NYSE. But, as we become more and more like Zim-****ing-Babwe, the global confidence in our institutions will erode along with it.
And, what pisses me off is that most of us did not want this. We did not vote for the anarchist president. And, we do not support him now. It's a vocal minority who led us down this horrible path. And, in an effort to appease them--by feeding his base more and more red meat in a desperate attempt to save his presidency from a likely impeachment for committing a myriad of illegal transgressions--the president is driving us off a cliff.
When and if the two parties reach a standoff they are genuinely unwilling to resolve, the message they are sending to the country and the world changes. Instead of a message of underlying cooperation, the message will be of underlying disagreement — with cooperation only accidental and occasional. In other words, the organs of U.S. government will be saying they have higher priorities than actually governing.
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The world’s confidence in the U.S. government — and by extension, the U.S. economy — depends on seeing the American polity as basically functional. A functional federal government performs the basic tasks of preserving societal stability. Stability depends on more than just national security, which will be maintained during the shutdown. It includes basic regulatory functions: of the markets, the environment, food and drugs, and so on.
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But the rest of the world will eventually get the message that the institutions that create American political and economic stability are eroding. That will reduce confidence in American leadership. Rationally, it should also reduce confidence in the American economy.
The long and short of it is that American stability is the only reason we live as comfortably as we do. It's why the world invests in us, be it by buying US T-Bills or stocks on the NYSE. But, as we become more and more like Zim-****ing-Babwe, the global confidence in our institutions will erode along with it.
And, what pisses me off is that most of us did not want this. We did not vote for the anarchist president. And, we do not support him now. It's a vocal minority who led us down this horrible path. And, in an effort to appease them--by feeding his base more and more red meat in a desperate attempt to save his presidency from a likely impeachment for committing a myriad of illegal transgressions--the president is driving us off a cliff.