previous support of former United States President Donald Trump, expressed his surprise at the perceived chaos and danger of the Trump administration. Speaking to The Atlantic on November 9, Thiel stated that the Trump administration was "crazier" and "more dangerous" than he had anticipated. He donated $1.25 million to Trump and Trump-affiliated political funds eight years ago.
“There are a lot of things I got wrong. It was crazier than I thought. It was more dangerous than I thought.
They couldn’t get the most basic pieces of the government to work. So that was – I think that part was maybe worse than even my low expectations," he said. Also Read: Peter Thiel Fund had advised companies to exit Silicon Valley Bank The co-founder of PayPal and Palantir also clarified that he is no longer contributing to Trump or any other candidate in the upcoming 2024 US Presidential campaign.
Thiel shared his perspective on voting for Trump, describing it as a "not very articulate scream for help." The tech mogul revealed that he had hoped Trump's election would lead to a national reckoning, with the belief that dismantling existing structures was necessary for rebuilding the country. Thiel acknowledged that there were aspects of his expectations that proved incorrect, stating, "There are a lot of things I got wrong." Expressing his disappointment, Thiel also highlighted that the administration struggled to make the most basic components of the government work. He emphasized that this aspect was possibly worse than his already low expectations.
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