In a dysfunctional environment, the absence of pushback is a significant warning sign. Humans are highly adaptive; those who can't tolerate the system leave, while those who remain learn to cope. This creates a dangerous silence, where leaders mistakenly believe everything is fine because no one is complaining.

History’s most shocking atrocities are defined less by their authoritarian leaders and more by the 'giant blob of enablers' who facilitate them. The current political climate demonstrates this, where professionals and politicians abdicate their expertise and principles to avoid conflict, becoming complicit in the process and allowing destructive ideologies to gain power.

As traditional economic-based antitrust enforcement weakens, a new gatekeeper for M&A has emerged: political cronyism. A deal's approval may now hinge less on market concentration analysis and more on a political leader’s personal sentiment towards the acquiring CEO, fundamentally changing the risk calculus for corporate strategists.

Extreme wealth inequality creates a fundamental risk beyond social unrest. When the most powerful citizens extricate themselves from public systems—schools, security, healthcare, transport—they lose empathy and any incentive to invest in the nation's core infrastructure. This decay of shared experience and investment leads to societal fragility.

Major political realignments are not always triggered by specific crimes but by a pervasive 'vibe' of elite entitlement and impunity. Revelations that expose a culture of being above the law can act as a societal 'let them eat cake moment,' sparking a revolutionary shift in public sentiment and policy priorities.

While fast-moving, unregulated competitors like FTX garner hype, a deliberate, compliance-first approach builds a more resilient and defensible business in sectors like finance. This unsexy path is the key to building a lasting, mainstream company with a strong regulatory moat.

The US has historically benefited from a baseline level of high competence in its government officials, regardless of party. This tradition is now eroding, being replaced by a focus on loyalty over expertise. This degradation from competence to acolytes poses a significant, underrecognized threat to national stability and global standing.

Historian Anne Applebaum observes that significant US constitutional amendments often follow profound national traumas like the Revolution or the Civil War. This suggests that without a similar large-scale crisis, mustering the collective will to address deep-seated issues like systemic corruption is historically difficult, as there is no single moment of reckoning.

The inability to execute basic administrative functions, like correctly appointing a prosecutor, is more than just embarrassing—it's a national security risk. It projects weakness and incompetence on the world stage, eroding the 'brand' of American capability and emboldening adversaries who see a clown car instead of a superpower.