"When someone like Thiel says this publicly, it is a signal to the donor class: the trade is over. The upside has been captured. Get out before the midterms. Every tech oligarch who followed Thiel into the MAGA orbit now could follow him out, except may be Elon."
Yet another reason to keep large donations out of politics. If these billionaire babies can't be pacified by building stupid yachts and bunkers, we need laws to keep them from messing up consequential things.
The Trump administration people are clearly not the only ones who are not smart.