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The South Africanization Of America

Portfolio Armor's Photo
by Portfolio Armor
Sunday, Jul 28, 2024 - 14:20
An image combining an American and a South African flag.

From Rhodesia To South Africa

In a post last week (Remembering Rhodesia), I shared an X thread by Will Tanner about the history of Rhodesia, and what it tells us about today. Below I share a follow up thread by him about post-Apartheid South Africa, and how America is following in its foot steps. 

Before we get to that, two quick updates:

  1. In Friday's post, I mentioned a contrarian bet on on China. You can read about that trade here. 

     

  2. I wanted to thank you for making Portfolio Armor's hedging app the #3 app finance app in the App Store. If you would like to download it you can do so by tapping here or aiming your iPhone camera at the QR code below.

Now on to Will Tanner's thread. 

 

 

The full text of that post is, 

So, America is heading the direction of South Africa.

Though we aren't in the same abysmal state as of yet, we are in a very dangerous situation where we can see the cliff ahead - South Africa-style chaos - but run toward it at full speed regardless

A competent, self-confident society would change course before it's too late. But, like South Africa, we might just commit civilizational suicide instead

Tanner concludes his thread on a hopeful note: 

If you'd like to stay in touch

You can follow Will Tanner on X here, and his American Tribune here. 

You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on our website . You can also follow Portfolio Armor on X here, or become a free subscriber to our trading Substack using the link below (we're using that for our occasional emails now).

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