LeTiss wrote: ↑Wed Oct 21, 2020 9:10 am
gazuty wrote: ↑Wed Oct 21, 2020 9:05 am
The dog of ry wrote: ↑Wed Oct 21, 2020 8:33 am
Or maybe that he actually does catch Covid
That reflects he loses election and leaves pre 20 January.
And Trump has already threatened that. Imho it’s worth back pence for 10@1000 to be sworn in pre Biden. It’s just the sort of stunt Trump would pull.
Ah, excellent piece of information. I hadn't looked at the rules on this market
In that case, it's worth a little dabble. A strange aspect of US politics.......if you've been voted out of office, why wait for another 2 months to hand over the baton? At least in the UK, the beaten PM is packing their bags the following morning
It's down to the UK, like most countries, having the majority of people actually running the show behind the scenes being permanent fixtures and - in theory at least - being non-partisan. Whether having these unelected people with vast power is truly democratic is open to debate, but it's beyond doubt that it makes for a smoother operation.
Giving the size of the machine that is the US federal government and the turnover in staff with a new presidency, iirc most people who have commented feels that two months is actually too short a time frame to transition.
In terms of the markets, there was much published at the time and since about how Trump was an absolute imbecile and uninterested in an effective transition. If that was his approach to that important work, when he was about to step into power, it's going to be mayhem when he's asked give up power (be it now or in another four years) and help the next guy get ready to run the country, he claims to love. Every chance he'll step away imho.