Trump Will Destroy the Republican Party

We have something special to share with you over the next couple days. Instead of our usual market commentary, we’re featuring a recent interview between Nick Giambruno, editor of Crisis Investing, and Casey Research founder Doug Casey. Today, in part one of the interview, Doug tells Nick why he thinks Donald Trump will destroy the Republican Party…and why that’s a good thing.

Nick Giambruno: There is a popular conception that only the “best and brightest” go into government. I think this is a sacred cow that needs to be slaughtered. What’s your take, Doug?

Doug Casey: It’s a real problem when a pernicious myth subverts reality. Everybody believes that the institution of government is like Camelot—a wise ruler assisted by noble paladins. Maybe that meme gained traction in recent times with John Kennedy and his good-

With a little bit of luck, Trump will end up destroying the Republican Party, which is held together by chewing gum and bailing wire. Its disparate elements have very little in common with each other. The neocons, the evangelical Christians, the social conservatives and people who think they support the free market are there only for lack of a better alternative. They really have nothing in common except a dislike of the Democratic Party.

Although I suspect Trump will win, I expect the Republican Party itself will blow up. The situation is not unlike that before the War Between the States. Very unstable.

Reprinted with permission from Casey Research.

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