This has become a bad habit across the entire west. Taxing the own population to economic death while funding obscure initiatives somewhere in the world.
It is not surprising that governments lost support and voters voted for their opposition.
The recipe never worked well to rip off the population to fund some „interesting“ initiatives with unclear benefits
Trump is likely to revert this. And I believe the entire west will follow.
In times of uncertainty it could mean that crypto prospers.