Now the ultimate bear case of Trump, written back in July after Brexit. As we just had our own much bigger Brexit I see we can at least think about this scenario.
My point is that this is a cycle. It happens again and again, but as most people only have a 50–100 year historical perspective they don’t see that it’s happening again. As the events that led to the First World War unfolded, there were a few brilliant minds who started to warn that something big was wrong, that the web of treaties across Europe could lead to a war, but they were dismissed as hysterical, mad, or fools, as is always the way, and as people who worry about Putin, Brexit, and Trump are dismissed now.
