[Note: this post suffers from my slow writing speed, and since doing the bulk of the writing of it, has been overtaken by events. I will catch up in subsequent posts.]
I've been trying to avoid reading too much on the Trump administration's governance by imperial fiat, in an effort to preserve some measure of mental health. In ordinary times I've an inexhaustible appetite for grim news, but these are not ordinary times, and even I have my limits.
However there have been a series of executive orders since January which, together with prior pronouncements from those in the administration's inner circle, imply a wholesale reconfiguration of the US financial system, with foreseeably disastrous consequences. It's clearly madness, but I think I can see the method in it. Let me run it past you.
About a month ago, my online chum kat posted this:
Trying to understand the latest executive order.