17/6/25
Dear Partners in Thought,
Within nearly five months of Trump 2.0, we saw a deluge of executive orders often aggressively and erratically dealing with a wide number of issues at all levels, but going nowhere positively, while gradually destroying the core tissue of America and the world we knew.
Trump 2.0 is not simply a political phase of public mismanagement or excessive policy making. It is the end of an era for America and the world. These unforeseen times – and indeed one man – have unleashed, however unwittingly, amazing developments such as the actual and attempted wide-scale assassinations of Democratic state representatives and their families in Minnesota as if all was now fair game for extremists. America is now sliding into autocracy, with the US ordering state national guards and even US Marines to deal with mostly pacific anti-deportation demonstrations, thus creating more violence as a result. The US executive style has now reached unseen lows, with descriptions of California Governor Newsome as “Newscum”, and the same for Fed Chairman Jerome Powell. And in the midst of such rapid democratic weakening, almost unnoticed substantial self-enrichment appears to be a new and acceptable presidential attribute. While what matters in Trump 2.0 is mainly the news impact and, it appears, Russian-style military parades, all these events slowly but surely throw America back to the late 1850s when a civil war was looming.
Trump 2.0 and its quasi-1930s Lindbergh protectionism have also empowered many foreign leaders to adopt aggressive moves against their enemies, knowing that President Trump will not mind or will be too weak to react, thus making the world more dangerous and even nuclear confrontations more possible. We know that history is repeating itself and that many of us have no memories of WW2 or even the Cold War as more than 50 per cent of Americans today were not born in 1985. The degree of passivity about Trump 2.0 of many in America is still surprising, notably within the business community, though we see that this is likely changing as enough is indeed enough.
The MAGA base, often but not always poorly (if at all) educated and living in often empty areas, naturally wants a king (hence the fair point with the No King demonstrations) as they look for quick executive decisions implemented without the often-slow pace and intricate process of liberal democratic governments. Populists the world over play on this colourful electoral selling of quick and simple change and anti-elite feeling, often taking advantage of the fact that democracies are slow-moving. In the case of America, the excesses of diversity or woke drives and substantial illegal immigration – two areas that are not “black and white” in essence as the US economy would agree on the latter – sent Trump back to the White House where he could be even more himself this time, mostly surrounded by obedient servants.
As belonging to an early Gaullist family, having worn a “Giscard at the top” tee-shirt on the Champs Elysées at age 14, and having been a member of the national youth team of Chirac’s neo-Gaullist RPR party under the helm of a then-young Sarkozy, I am no raving leftie. I am for law and order – though in their fair versions, unlike what we see across the pond today. I know what matters and the value of fairness and professionalism in politics, something which is missing in the American executive today, all while their voters will be the first ones to pay for the misdeeds we keep witnessing. It is hard to believe that one man, who is treating his country and the world as if it were an episode of The Apprentice, is behind all the chaos we see and we may pay for. Trump 2.0 will be a treasure for political writers for generations to come, assuming we still have a going world.
As a French-born transatlantic European who enjoyed his visits at Yorktown, I feel we need to assist the Trump opposition while both traditional parties remake themselves as they badly need. We need the strong America we knew with its Western leadership, soft and real power, all based on values and principles that strengthened democracy globally.
One thing is sure for the geopolitical risk thinker I am: America may have become a risk for many, including itself. Trump may also have unwittingly served the interests of some of the many rivals or competitors he naturally dislikes under the misguided and self-harming banner of his America First.
Warmest regards,
Serge
