Mueller (75), likely because he saw he had no skin in the game, chose to slink away, gonads left on the ground. Not the Mueller we were led to believe.
Powell (66), on the other hand, has very much skin in the game. And he knows it. And, further, he knows that his quant buddies in the hedge funds, banks, and CxO class who need a stable economic platform on which to execute their wizardry, are finding their fancy models don't work when there's a paranoid six year old driving the machine.
Unless Powell makes a straightforward statement that the carnage happening both in the asset markets and the real economy are being caused by The Manchurian President's stupid behavior, he can't help them. The Manchurian President has to be slapped down by the adults. Powell has to be the first to do his job. Just because The Manchurian President gave the 1% so many gifts, doesn't mean he's a stable, rational genius. He is a fucking moron, and Powell has to go on the record. If he doesn't, the global economy is in the toilet. We'll see.
"[T]rade wars are good, and easy to win."
-- The Manchurian President/2 Mar 2018
24 August 2019
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