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In a recent podcast interview, Peter Thiel analyzed the successes and failures of Donald Trump's two administrations, noting a shift from internal infighting to loyalty tests. While Thiel acknowledges his own misjudgments regarding the danger and craziness of the presidency, he expresses strong opposition to a potential Democratic Socialist takeover of the Democratic Party, describing such a scenario as catastrophic for America.
Independent journalism is facing unprecedented pressure. As newsrooms shrink, accountability disappears with them. Your membership keeps fearless, reader-funded reporting alive. Speaking with German journalist Mathias Döpfner during an episode of the “MD Meets” podcast, Thiel was asked if he regretted his support for Trump in 2016.
“Ten years later, how would you analyze his achievements? How would you analyze his failures? Where do you stand today with regard to the last two years, and the first term of the president? ” Döpfner asked.
Thiel said that he should be asked the same question in 10 years, but added that he wished Trump had appointed “more competent people. ” “I think the two administrations kind of made opposite mistakes,” Thiel said.
“You know, the first administration brought in all these people who couldn’t agree, and it was just all this internal fighting. The second administration I think had all these — they overcorrected for the mistake of the first term with all these loyalty tests. ”“There are a lot of things I got wrong... was crazier than I thought. It was more dangerous than I thought.
”, similar to the end of George W. Bush’s presidency, but this time enough for voters to turn to Democratic Socialists.. And then again, the establishment won in 2020 and ’24. I don’t know if they’ll be able to do it in ’28. And and theis the more important party.
That is the establishment party in the U.S. The Republican Party is always a little bit the anti-establishment one. So, if the Democratic Socialists take over the Democratic Party, that’s a much bigger deal. And that is like — I don’t know — the end of America. ” He added that while he welcomed the disruption of establishment politics brought on by Trump in 2016, he doesn’t “want disruption of the Democratic Socialist variety.
That seems catastrophic. ” Thiel was one of Trump’s earliest Silicon Valley backers in 2016, donating $1.25 million to him through a combination of super PAC donations and funds given directly to the campaign, according to a report from While Thiel did not donate to Trump’s 2020 or 2024 campaigns, he heavily bankrolled Vice President JD Vance’s run for
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