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Swamp Beats Trump, So Far

At best, Team Trump are getting distracted... future...the economy – all are fundamentally unknowable, writes Bill Bonner in his Dairy of a Rogue Economist.

You never know what you'll get. But you always get what you deserve.

There's no way to know what is coming – neither the hour nor the place. You can't make it happen or predict when it will. Like Trump, it just happens.

"Stocks, Dollar Falter as Investors Await Yellen," says a Bloomberg headline.

But what do they expect? Ms.Yellen knows no more about what will happen than we do. Perhaps even less. What do they hope to get from her?

We don't know.

Meanwhile, the light unto the world that is Donald J.Trump flickers.

As you know, if he is to really improve the lives of his supporters, he must do more than call out Nordstrom or threaten foreigners. He must drain the swamp...

Alas, when he should have been moving in with heavy pumps, he has spent his popular momentum and precious time on silly fights and largely symbolic objectives.

Cabinet breakdowns...executive order misfires...loose cannons careening across the White House decks...scrapes with judges...dustups with the media...conflicts of interest...

In short, whatever else may be said about Donald Trump and his new administration, their eyes are not on the ball.

Unless the insiders are brought to heel, no real change can happen. In order to succeed, they must take on the deepest elements of the Deep State right here in the USA.

The Trump Team must try to rein in the gunmen and the moneymen, or it is nothing but another group of conmen.

But so far, reforming the fake-money system has not even been mentioned. And instead of reeling in the military, Trump seems to want to give it more slack.

It's only in the first few months that a new administration can make any significant changes; after that, it is too late.

The Deep State quickly builds its ramparts and breastworks. Positions are fortified. Even the most seasoned and clever politicians cannot penetrate them once they are well entrenched and (with our money) well supplied.

What will happen?

Nobody knows anything. Which is why death and love are as suitable for this Diary as economics and finance.

New York Times best-selling finance author Bill Bonner founded The Agora, a worldwide community for private researchers and publishers, in 1979. Financial analysts within the group exposed and predicted some of the world's biggest shifts since, starting with the fall of the Soviet Union back in the late 1980s, to the collapse of the Dot Com (2000) and then mortgage finance (2008) bubbles, and the election of President Trump (2016). Sharing his personal thoughts and opinions each day from 1999 in the globally successful Daily Reckoning and then his Diary of a Rogue Economist, Bonner now makes his views and ideas available alongside analysis from a small hand-picked team of specialists through Bonner Private Research.

See full archive of Bill Bonner articles

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