Almost anyone who has followed the US presidential selection process closely could realise what a brilliant campaign Donald Trump has conducted. He saw that in its self-absorption, the US political class had completely failed to grasp the extent of public anger at the deterioration of almost everything. American public policy has brought about the greatest sequence of disasters since the 1920s, when the liquor business was given to gangsters by Prohibition, followed by the equities debt bubble and the Great Depression.
In the past 20 years, both parties shared in the creation of the housing bubble, which produced the greatest financial crisis since the 1930s, and a decade of war in the Middle East which, despite excellent military execution, Obama has turned into a victory for Iran and an immense humanitarian disaster. Further foreign policy humiliations have included the evaporating ‘red line’ in Syria, the 180-degree switch in official attitudes to Iran, culminating in a delayed green light to nuclear weapons (if Tehran chooses to wait).