Skybridge Capital founder: Trump's tax cuts and business-friendly regulations initially seemed beneficial, but the current agenda threatens the dollar
Anthony Scaramucci, founder and CEO of Skybridge Capital, has used his own experience as a guide to criticize billionaires for supporting former US President and presidential candidate Donald Trump. Scaramucci argues that while tax cuts and business-friendly regulation may initially seem beneficial, the current agenda threatens the dollar, the constitution, justice and the international order, comparing it to anarchic Christian populism bordering on fascism. He warns that a weaker dollar could destabilise the global capitalist system, and highlights the dangers of current deficit spending. He calls for caution and advocates for responsible reform, but without overemphasizing the system from which many benefit.