Congratulations, Republicans: Your mentally incapacitated president—who’s running the country without guardrails, constraints, or adult supervision—is burning through nearly a century of international goodwill, with consequences that will echo for decades. “You cannot put the genie back into the bottle. Things might get better and more calm a few months down the road, and Trump, he can’t be reelected, and the next president might be somewhat different,” Anders Schelde, chief investment officer of a Danish pension fund, said while announcing his exit from U.S. markets. “But what comes then in five, six, 10 years? I think there’s a strong realization across Europe that we need to be able to stand on our own feet.”  A crowd protests against President Donald Trump in front of the U.S. consulate in Nuuk, Greenland on Jan. 17. The fund he manages, AkademikerPension, is only about $100 million—a rounding error in global finance. But that’s not the point.  What matters is what he’s saying and what he represents: a growing belief among global investors and governments that the United States is no longer a reliable anchor for the world economy. For decades after World War II, the United States sat at the center of a global system for which it largely paid and designed—and it paid off enormously. The United States underwrote global security through alliances like NATO, stabilized trade through institutions like the International Monetary Fund and World Bank, and enforced rules that made markets predictable and conflicts less likely to spiral out of control. In return, the dollar became the world’s reserve currency, and U.S. companies enjoyed preferential access to global markets. Foreign capital flowed in not just because of returns but because the United States was seen as stable, serious, and governed by adults. President Donald Trump has lit all of that on fire. Related | ‘F-ck off’: Danish leader has had it with Trump’s Greenland nonsense And once the world adjusts—and allies build parallel systems that don’t rely on the United States—that advantage won’t simply snap back when Trump is gone.  The genie cannot go back in the bottle. During his first term, much of the world treated Trump as a fluke—a mistake we would quickly correct. Now the world understands the deeper problem: No matter how sane or responsible the next president might be, the United States is always just one deranged electorate away from putting another madman in charge. The world handed the United States enormous power because it trusted we would use it responsibly. Thanks to Trump and the Republicans who enabled him, that trust is gone. Read more