Billionaire investor Chamath Palihapitiya, a Democrat supporter for many years, has openly acknowledged his mistake regarding former President Donald Trump.
Palihapitiya not only expressed a newfound admiration for what Trump achieved during his time in office but also asserted that “Trump Derangement Syndrome did more damage than Trump ever did.”
“As a Democrat, who has been left homeless, who is now definitely in the center, but probably leaning increasingly right, I’m left yet again with an appreciation, despite the messenger of the message, of the Trump administration, because what those guys did, was pretty incredible,” Palihapitiya said on his podcast show.
“These Abraham Accords, the accords with Israel and the GCC, the almost accord between Israel and Saudi, to really be able to like find a long-lasting peace is just a real example for the world. And those guys did a lot of really great work,” he continued.
President Trump introduced the Abraham Accords, a set of bilateral agreements that established diplomatic ties between Israel and the United Arab Emirates, Bahrain, Morocco, and Sudan. Leaders from across the Middle East signed these agreements on September 15, 2020.
That marked a spectacular moment in history!
Palihapitiya proceeded to question the damage caused by “Trump Derangement Syndrome” (TDS).
“This is a moment when you have to start to re-underwrite, is one’s ‘Trump Derangement Syndrome’ causing more damage than anything President Trump could have done? And I think the answer is yes,” Palihapitiya admitted, recognizing that his earlier criticisms were misguided.
“Because it is now causing us to not see that good work, and then embrace and extend it. So much of the work that happened in that administration turned out to have been right, and that is what is so frustrating for me,” he later added.
The investor, originally from Sri Lanka but now holding Canadian and American citizenship, criticized the habit of disregarding valuable efforts based solely on the messenger’s identity.
He pointed to instances like the border wall project, securing long-term debt refinancing when interest rates were at rock bottom and the peace deal in the Middle East with lasting implications.
“When are we going to stop shooting ourselves in the foot? When are we going to actually take the time to look past who was saying things and actually listen to them word for word?” said Palihapitiya.
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