Another Ominous Echo From South Africa
In a post last month ("The South Africanization Of America"), we shared a thread by Will Tanner describing how the U.S. was following in post-Apartheid South Africa's footsteps.
The South Africanization Of America
— Portfolio Armor (@PortfolioArmor) July 28, 2024
Will Tanner on how the U.S. is following in the Rainbow Nation's footsteps.https://t.co/gn1ISXa3T5
Today, we share another thread from Tanner focusing on a specific example of that, America's embrace of Anarcho-Tyranny. "Anarcho-Tyranny" is a term that was coined by Sam Francis in the late 20th Century:
This condition, which in some of my columns I have called ‘anarcho-tyranny,’ is essentially a kind of Hegelian synthesis of what appear to be dialectical opposites, the combination of oppressive government power against the innocent and the law-abiding and, simultaneously, a grotesque paralysis of the ability or the will to use that power to carry out basic public duties such as protection of public safety.
Following Tanner's thread, we'll close with a brief market note.
Anarcho-Tyranny In The USA
First, what is anarcho-tyranny? I've written about this before, but, for those who don't know, it's essentially the idea that the state will punish otherwise law-abiding citizens for minor infractions while letting real criminals get away with nearly everything
— Will Tanner (@Will_Tanner_1) August 10, 2024
Generally, the… pic.twitter.com/pipINFB89J
Much the same thing is now present in America
— Will Tanner (@Will_Tanner_1) August 10, 2024
Though Mr. Kelly was eventually let off, that was only after they had forced him to spend huge amounts of money hiring a lawyer and going to court while keeping him away from his ranch
Why? Because he fought off cartel gunmen who… pic.twitter.com/QHREukFL8x
Meanwhile, actual criminals are rarely ever dealt with seriously, particularly in blue jurisdictions
— Will Tanner (@Will_Tanner_1) August 10, 2024
Even people who assault and rob law-abiding people time and time again don't face serious consequences. They're not locked up, and often let off without even a slap on the wrist pic.twitter.com/KpmyxS8ObF
El Salvador and @nayibbukele make this clear: it is incredibly easy for the state to stop crime if it wants to. Criminals, even armed gangs. are easy targets for even moderately professional law enforcement
— Will Tanner (@Will_Tanner_1) August 10, 2024
Put someone incredibly competent and honorable like @realErikDPrince in… pic.twitter.com/uFdVsnuo0H
Read about the South African aspect of this disaster here: https://t.co/x1FlG0o6GT
— Will Tanner (@Will_Tanner_1) August 10, 2024
In Case You Missed It
In a post on Friday ("The Final Countdown For Tesla"), we wrote about the political risk for Tesla (and Elon Musk personally) if Kamala Harris wins in November.
Read about the South African aspect of this disaster here: https://t.co/x1FlG0o6GT
— Will Tanner (@Will_Tanner_1) August 10, 2024
We used "The Final Countdown" in the title because that's the song we used in this TikTok demonstrating how Tesla longs could get paid to hedge this political risk out past the election.
@dpinsen ♬ The Final Countdown - Europe
As the last frame of that video shows, the net cost of our Tesla hedge was negative, meaning you would have collected $2,350 when opening the trade.
The quick demo in the video uses two of the Portfolio Armor iPhone app's in-app subscriptions, one that enables you to scan for optimal collars, and one that enables you to change option expirations. We've since lowered the price of those in-app subscriptions to $2.99 each, so if you've downloaded the app already, give them a try.
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