Donald Trump and the Price of Volatility
Donald Trump was in Switzerland last week, speaking in Davos at the World Economic Forum. By coincidence, I was there too, though nowhere near him. The closest I came was by mistake. I got lost while looking for a place to park, took a wrong turn, and suddenly found myself in front of his hotel, boxed in by barriers and about twenty masked policemen, with dogs and mirrors sliding under cars. I rolled down my window and put on the most innocent Swiss face I have. They didn’t make a fuss, but it was enough to feel the density of real-world power.
Davos has that effect. It compresses things. Influence, proximity, authority. Trump’s appearance there felt the same way. Not a new chapter, not a surprise, but a concentration. The style, the signaling, the reversals, the noise, all packed into a single appearance. If you want to understand what has been building throughout his presidency, Davos was not a detour. It was the moment when the pattern became visible at scale.
Seen that way, the confusion around Trump starts to make sense.