Try GOLD - Free
Ford to Musk, and the business of power
The Statesman
|November 08, 2024
In the world of investment banking, there's an adage - "Insult is an investment." The idea is simple - those who are underestimated and ignored often end up making the most successful moves, purchasing stocks at a lower price before the crowd catches on. In political terms, this strategy mirrors how Donald Trump, after being insulted and sidelined following the 2020 election, has managed to turn his defeat into a powerful comeback.

In the world of investment banking, there's an adage - "Insult is an investment." The idea is simple - those who are underestimated and ignored often end up making the most successful moves, purchasing stocks at a lower price before the crowd catches on. In political terms, this strategy mirrors how Donald Trump, after being insulted and sidelined following the 2020 election, has managed to turn his defeat into a powerful comeback. By leveraging the insults thrown his way, Trump has positioned himself as a major player in global politics once again, transforming public ridicule into political currency.
But Trump's resurgence isn't just a matter of political savvy - it's also about alliances, the kind that transcend national borders and redefine power structures. One such alliance is his relationship with Vladimir Putin, which, when examined through a historical lens, resembles the complex political alliances of the past. Trump's approach to Putin could be seen as a trump card of sorts. Just as the USSR was pulled into the Afghan War under Gorbachev and fractured into pieces, Trump seems poised to deconstruct the global balance of power.
His policies, notably those in the Middle East and his contentious approach to NATO, have created a situation where the US now faces a $36 trillion debt, with Trump eyeing a future where the US might break apart - transforming the "50 stars" on the flag into 51 states, while Israel's role in the growing China-Russia-Iran alliance (CRI) could eventually lead to the destruction of Iran. A new world order under autocratic rule, with Putin at the helm, is a scenario that increasingly seems possible.
This story is from the November 08, 2024 edition of The Statesman.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Statesman
The Statesman
Women’s safety cannot be conditional: NCW on suggestions for not stepping out at night
It is the collective responsibility of the police, administration, society and institutions to ensure a secure environment for every woman at all times, National Commission for Women (NCW) Chairperson Vijaya Rahatkar said on Sunday in the aftermath of the Durgapur gang-rape incident.
1 min
October 13, 2025
The Statesman Kolkata
Rare Bombay blood group transfusion saves livesofmotherand newborn
Recently, the Shramjivi Hospital Blood Centre at Choto Belu, Serampore, collected blood at a donation camp in a remote village in Hooghly district.
1 min
October 13, 2025
The Statesman
Intense overnight clashes between Pakistan, Afghanistan militaries
Fierce overnight clashes erupted between the Afghan Taliban forces and Pakistani Rangers and Army personnel along multiple points of the Durand Line, marking the most intense surge in tensions between the two sides in months, amid constant restlessness.
1 min
October 13, 2025
The Statesman
Will ‘Justice for Zubeen’ define 2026 Assam polls?
As Assam mourns it’s most beloved voice, the battle for justice and memory may decide the fate of the 2026 elections.
5 mins
October 13, 2025
The Statesman
Meghalaya police avert IED bombing in Ri-Bhoi district
A major tragedy was averted with the timely detection of a powerful Improvised Explosive Device (IED) in Meghalaya’s Ri-Bhoi district on Saturday evening, police officials said on Sunday.
1 min
October 13, 2025
The Statesman
Tariff upon Tariff
A closer study ofthe repercussions of Ukraine losing the war with Russia shows this will only embolden China to gobble up Taiwan.
5 mins
October 13, 2025
The Statesman
CM felicitates North Bengal flood rescuers
Chief Minister Mamata Banerjee on Sunday felicitated eight individuals in Alipurduar who had taken prompt initiatives torescue flood-affected people during recent disasters in North Bengal.
1 min
October 13, 2025
The Statesman
NHIDCL shuts NH-10 for four days over safety fears
The National Highways and Infrastructure Development Corporation Limited (NHIDCL) has announced the suspension of all vehicular movement on National Highway 10 — the lifeline connecting Siliguri with Kalimpong and Sikkim — for four days from 13 to 16 October, citing serious safety concerns.
1 min
October 13, 2025
The Statesman
Congress withdraws from Rajya Sabha contest after seat-sharing dispute with NC
Exposing sharp differences among the ruling alliance partners, the National Conference (NC) and the Congress, on sharing of seats for the election to the four vacant Rajya Sabha seats in Jammu and Kashmir, the latter on Sunday unanimously decided not to contest the polls as the NC offered them an unsafe seat on which the BJP’s position appeared strong.
1 mins
October 13, 2025
The Statesman
Monsoon withdrawal begins in Bengal, no heavy rain in sight
The withdrawal of monsoon winds from West Bengal began on Sunday, with the sky clearing up and no forecast of heavy rain anywhere in the state.
1 mins
October 13, 2025
Listen
Translate
Change font size