Wall Street is used to volatility. It prices risk. It lives and dies by the future tense. But even volatility has its rules. Today, the signal is the volatility.
This is the epistemic cost of erratic empire.
🧵
Wall Street is used to volatility. It prices risk. It lives and dies by the future tense. But even volatility has its rules. Today, the signal is the volatility.
This is the epistemic cost of erratic empire.
🧵
Disruption has a trajectory. This is sabotage by stochastic theater. We are being governed by impulse, reverse-engineered into policy. A mood becomes a mandate. A tweet becomes a tariff.
Authoritarian regimes rely on unpredictability to maintain psychological dominance. When a leader changes rules arbitrarily, it trains the populace into passivity. The aim is learned helplessness.
Every functioning system requires forecastability. Remove the scaffolding of expectation, and you paralyze decision-making. Every plan becomes provisional. Certainty feels like a sucker's bet.
Analysts are being whipsawed by hourly reversals. Traders, executives, diplomats—none can act with confidence. The result? A suspension of trust. Not just in markets but in the informational environment itself.
When the signal is the noise, strategy becomes superstition. CEOs delay investment. Central banks hesitate. Foreign ministries tread water. "Wait and see." But how do you wait when the terrain keeps liquefying beneath your feet?
In 48 hours, markets surged then cratered. The S&P posted its best day since 2008, only to give back half its gains. Not from economic reports or geopolitical shocks. Because the president said one thing Wednesday, something different Thursday.
You can spin this as gamesmanship or deal-making. But this isn't poker night. This is macroeconomic policy in the world's largest economy. When the seat of American power governs by ambush, the cost isn't just borne in the Dow. It's epistemic damage.
@Daojoan
It doesn't say anything good about me, I know, but I take the tiniest bit of pleasure knowing how many long-time abusers are experiencing the helplessness that their victims usually feel
The biggest casualty is the very idea of reality as shared terrain. When governing becomes improvisation, when policy becomes psychodrama, we lose the ability to discern intention. Is this 145% tariff real? A bluff? A tantrum?
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