OF THE
TIMES
"Ah, the delicious smell of peak fear on Sunday/Monday...and max NOISE on X."That ruckus you hear in the capital markets is the sickening howl of the Fugazy Economy meeting its extinction. Fugazy means fake, unreal, dishonest, misaligned to what societies need to thrive. Fugazy means mis-using the time-value of things that purport to be wealth to multiply fake wealth in the hands of a few at the expense of the many. The pernicious effects of that system are visible all across the ruined landscape of our country, a nation of broken cities, failed towns, and a demoralized populace.
— Raoul Pal
"He was an ordinary person thrown into a fraught time," took on a role and got "stuck" in it, the secretary said, adding that some of Zelensky's "advisors are not perfect," and that "he's not getting the best advice."
Comment: It's a start, but Trump's budget reforms aren't solid yet.