By Eric Peters, CIO of One River Asset Management Something weird happened in South Korea. No one really cared, nor understood. It might have been an attempted coup, led by the incumbent President, which isn’t how such things tend to roll.
“I am deeply sorry and sincerely apologize to the citizens who must have been greatly shocked,” said Yoon in a national address, following his perplexing own goal. Clown show.
The French government fell apart. Circus Incognitus.
German politics is not really any more stable.
The UK is a mess too.
Although perhaps not quite as Cirque du Soleil as Syria, where some group of Sunni rebels may finally overthrow Assad. The dictator cannot stand without aggressive support from both the Ayatollah who has his own domestic issues, and Putin who is rather preoccupied with taking ground in Ukraine ahead of January 20th.
What comes next, no one knows. Especially not the Neocons, who juggled one too many bad guys in recent decades and lost the support of America’s voters for at least a generation.
Which leaves a vacuum so big that not even Trump would want to fill it.