But look on the bright side: he'll pump so much money into crypto that there won't be any dollars left to function as a reserve currency anymore anyway.
If one were trying to destroy the US empire as quickly as possible while impoverishing it as much as possible... it would be hard to do it as quickly as #MadKingTrump.
He’s clinically insane!for quite awhile now.His Cult is ignoring it, they Know! They too Are UnAmerican!They Know! he Is a Russian asset and Putin is celebrating our Destruction 😔An insane potus and a Cult under one roof, your Watching what could / HAS gone wrong?Toss in 6 Greedy Traitors on scotus
The GOP can stop it. We need to screaming at them. Harassing them, instead of saying that the Dems are lost. The majority is just letting this piece of trash,do anything IT wants
Do you know that Mike Johnson keeps knee capping House members from votes on tariffs? He did it again yesterday BEFORE Trump relented from a fraction of the tariffs. We have to plague their local offices in states while they are home for the next 2 weeks. Send Tim Walz to Louisiana too!
He’s destroyed more than that. NO ONE will trust the US for ANYTHING for a full generation after the BS he, Vance, Drunkseth and co have done. The damage done to the country’s reputation is unfathomable
a judge JUST ruled Mohamed Khalid was able to be deported when his only crime was protesting, so by the way, the first amendment no longer applies to noncitizens, AND protesting is a deportable crime.
Trump will destroy anything that
stands in the way of the $7 trillion
tax cut. If he gets it done, he
thinks he’ll be safe.
Well, as soon as he gets it done,
he becomes disposable.
If a new currency takes its place, that's the end for America. Nobody will go back to the dollar. And, you're still just watching instead of getting him ousted and jailed.
Why aren’t all media reporting on this 5 alarm fire! MSNBC just did with Stephanie Ruhl.
Stocks and bonds BOTH going down is majorly bad for America! It means the world is losing confidence in the dollar!
We are on the brink of depression if we don’t dump 47!!!!
Project 2025 is a blueprint written by clueless ideologues who have no idea how economies work. They think the $500 billion we have in gold and some digital vaporcash is enough to replace the power of USD, and government control is against their interests. US economic world domination is fucked.
This is a really interesting and informative article which shows how Canada and Europe put pressure on Trump to be careful regarding his Tariff program.
Great Article. This slow release of a US BOND bleed might push them towards a third reich. One where they steal resources and default on all debt. I think that is what Hitler did. Enslave the people mentally and physically.
Fantastic substack! I recommend everyone who can, reads this! It is the key to bringing Trump to his knees. Coalitions acting in concert will defeat fascism, as last time. Vote for Carney Canada!
Why is there no mention of in the substack of how much US debt China’s holding?They are the second largest holder of US debt right after Japan at $760 billion. Seems strange to leave that out.
I don't know,it is a glaring omission. It is written to amplify Carneys efforts, but China could do the same thing to the US completely on it's own. And Trump is still picking a fight with them.
China was likely not a party to the negotiation and thus not part of this coordinated action. One wonders if they might join in the party anyway, either invited, or on their own.
The articles about Carney and he's only met with the UK and some of the EU. So far he hasn't coordinated with China but he probably doesn't have to. Whatever gets sold he doesn't know about would be coming from China.
Except the US doesn’t fund its spending with taxes or borrowing. Congress authorises the Fed to create the necessary dollars, which USG spends into the economy. Taxation = revenue = to return (French) to government. ‘Borrowing’ = offering savings vehicles to the market. Let’s see if Trump gets it.
"Bonds are issued by a variety of entities, including governments, corporations, and municipalities, to raise capital or finance operations. Essentially, a bond is a loan where the issuer agrees to pay interest to the bondholder, who is the lender. "
Technically, yes. But the USG doesn’t need to borrow in the same way that corporations or municipalities do because it has its own bank, the Fed, that issues USD. Rather, it uses ‘borrowing’ as a way to (try to) manage the financial system.
Ahh! That explanes why Nipon Steel is back to try and buy US Steel! Everyone in the Pittsburgh area is for it except for the union president. I hope the sale goes through.
He doesn't give a shit. He wants to completely destroy our country and its people so he can rebuild his idea of Utopia from the ground up. He doesn't understand the dark money behind him will ditch him as soon as they can.
Very true! He WAS PAID up front for this destruction! His evil traitorous kids? JaVanka also paid up front when leaving the WH. Still in Huuuge business deals Outside! of the United States. Jared is seen More with MBS than in his home state.
Pretty likely. Just so they can make $ buying stocks right before the “pause”, gloat over being masters of the universe, & fecklessly wrecking everything in their path. Yay Murica
Anybody remember the White House inviting the billionaires in so trump could tell MAGA, farmers and small businesses how much money those billionaires made off the tariffs (pump and dump)? Democrats should be advertising that in EVERY STATE, non stop. Not as political advertising but as REALITY !
Democrats should have their own Press conference Everyday! Have a spokesperson not on the Hill! Same time, same channel, or stream every day.Everyday answer to their LIES!
Might have? Orange Fuckface and it's sycophants have killed the american dollar. The digital Russian propaganda campaign was successful. The target idiots on Facebook and Truth have been successfully brainwashed by Russian bots. Maggots voted in the equivalent to an economic atom bomb.
Why aren’t all media reporting on this 5 alarm fire! MSNBC just did with Stephanie Ruhl.
Stocks and bonds BOTH going down is majorly bad for America! It means the world is losing confidence in the dollar!
We are on the brink of depression if we don’t dump 47!!!!
I believe the goal is for the oligarchs to profit off the collapse of the US empire. I am not American, but your nation has threatened our sovereignty. I support dedollarization, and have for years given how much global destabilization has been necessary to maintain US economic hegemony.
Trump does
what he can
to wreck the
US dollar.
His crypto crook
buddies,
& his sons,
Uday & Qusay,
will replace it
with their
shiny tokens.
Crippling America
permanently
to the delight
of his authoritarian pals.
I don't trust anyone who doesn't currently view the US as a failed state in the process of freefall right now. That indicates a level of delusion, denial, or unseriousness.
That is China’s goal. If the dollar loses Reserve Currency Status, we will have another Great Depression. We will see millions of elderly Americans unable to afford to live. Sad days.
Right? Like I don't understand why the billionaires like Murdock support him. Oligarchs don't do so well long term under fascism. Russia is step one, and North Korea is the final destination.
And his approval rating is still at 30-something %
He has got to be the least competent and most horrible president in history by every known metric, and there are still cult members cheering this dumpster fire on.
That's about the amount of people who live in a right wing and social media bubble, fully detached from reality. They are actually happy with all this because they are surrounded by positive propaganda about the government and against the "woke mind virus" 24/7.
True! How on earth are pollsters able to reach these people for surveys, but NOBODY can reach them with the truth about what is happening in the world they live in???
If the Deep State can be fired, they aren’t the deep enough state. I’ll believe the Deep State is gone when the military and intelligence agency budgets actually decrease.
Yeah, it's so bad that many have not wrapped their collective brains around the unrepairable damage that has been done. We have Batman villains running the country, but much stupider
He will, it will replaced by crypto, and you’ll need to show loyalty to participate in the new economy. This is straight out of Revelation, end times shit.
I said that this would happen the minute the US Treasury was breached by DOGE and the muskovites weeks and weeks ago. No breach of a government Treasury in history has ever taken place like this to my knowledge unless a government has been toppled and overtaken by another. Correct me if I'm wrong.
It’s by intent. Destroying the dollar as fiat has long been Putin’s goal. Elon and the crypto cabinet are absolutely out to destroy the dollar and American power.
https://youtu.be/yNZ5vZ2e-kA It’s worse.Arrogance of Heritage FDN’s Triade:predatory capitalists/white supremacists/religious conservatives aiming to impose Project2025 fatally miscalculated Opposition.China imposed export controls on minerals critical for Defense,Tech. They’ll RETALIATE&MOVE ON. Game over.
He’s an enemy agent. I can say this until I’m blue in the face and still Congress won’t do a thing. What will it take to remove this enemy? Putin’s puppet just doing his job.
“The Bankruptcy King”…. You smash & destroy.. grab all you can in cash & assets & move on..
There is a reason to purposely bankrupt something…
All the rich will pennies on the dollar scoop up all we lose.. then they will leave without consequences…. C(?)
He and the GOP Congress. Congress could have taken the tariff power back, showed the world we aren't ruled by one crazy fuck, and the world and markets would have remained calm (or mostly clam). They didn't and we are screwed.
Interesting thought, but when the Iron Curtain fell, most of those countries wanted to align west. So, not sure how much betrayal they felt. Betrayed by Trump now? Sure.
Time to accept that our government was bribed \ threatened out from under us by billionaires openly ruling now. In retrospect Pelosi's husband almost killed \ McConnell SIL at bottom of resovoir \ Hunter 🍆 everywhere \ Dems flipping to GOP trend are part of mob tactics used to take over.👹👹👹
It’s not a matter of being bad. The actions trump and company are taking are deliberate and intentional actions to destroy the federal government and western liberal order. Tanking the dollar helps accomplish both
Yep, the stock market was the distraction while the bond market and dollar sank. That’s the problem with financial literacy, most people who pay attention at all only pay attention to the stock market.
They’re so greedy, feckless, & incompetent that it seems they didn’t even consider that this could be a consequence of their ‘trade war’/market manipulation scam
🤬🤯🫣
That’s part of Muskrats plan. He & Thiel want a different currency. Thiel has been very vocal about it. Putin would love it as well. Chump doesn’t work for us…
Look up Curtis Jarvin! JD Vance & Elon are friends with him.This is the goal to disband all federal agencies, in order to end the checks & balances.To rule like a dictator without federal judges, Congress, or Senate getting in the way! Following the playbook of Orban, Putin, & president of Argentina
May still, he’s got another 90 day plan. I suspect he’ll continue this game of stock market manipulation for as long as it works and then crash it all when it stops working.
That was probably the goal. It gave the US the unique advantage that was so pervasive the Republicans thought it was unneeded.
But this is what happens when a country elects a businessman who has a lot of bankruptcies; unfortunately, we'll all suffer for his errors.
This was probably done on purpose to try to make what we know & rely upon as currency be completely worthless to try to force us into their newest grift of buying their (as in owned by) crypto currency
Correct. The idea that tech-bros are working to replace the US dollar with cryptocurrency is a hypothesis subscribed to by several (including me) and was elaborated on in this video posted just after the election:
Comments
Who would trust out government with anything?
Caligula + Nero + Hoover = Trump
He can't even be an autocratic grifter right.
Welcome to reality.
As a European it is safe to say: "We told you so", since we had no voice in these elections.
It’s a historical FACT
stands in the way of the $7 trillion
tax cut. If he gets it done, he
thinks he’ll be safe.
Well, as soon as he gets it done,
he becomes disposable.
Stocks and bonds BOTH going down is majorly bad for America! It means the world is losing confidence in the dollar!
We are on the brink of depression if we don’t dump 47!!!!
https://open.substack.com/pub/deanblundell/p/carneys-checkmate-how-canadas-quiet?r=58o6wb&utm_medium=ios
(But seriously, if he were on Putin’s payroll, what would he do in any way differently?)
Don’t use AI, dude. You are supposed to be a self-respecting writer. They know the score with AI and refuse to use ALL of its incarnations.
Great article otherwise. But be better about NOT fucking over visual artists just to slap some AI slop into your header image.
Maybe it's planned to go in tandem? I dunno.
So I guess we can assume France, Canada and Germany are not 'kissing his ass'
"Bonds are issued by a variety of entities, including governments, corporations, and municipalities, to raise capital or finance operations. Essentially, a bond is a loan where the issuer agrees to pay interest to the bondholder, who is the lender. "
Trump is too corrupted! 🤬
Headed to the coal Baron days. Hunger Games.
Idiot!
Where is that money going to go now and how will this affect us? Higher interest rates? Inflation?
Stocks and bonds BOTH going down is majorly bad for America! It means the world is losing confidence in the dollar!
We are on the brink of depression if we don’t dump 47!!!!
https://open.substack.com/pub/deanblundell/p/carneys-checkmate-how-canadas-quiet?r=58o6wb&utm_medium=ios
Probably not.
OR in the United States.
Our national reputation is in the toilet.
Treasury Secretaries HATE these two things about a National Currency in Free-fall:
The only benefit to a cheap buck is the advantage in trade (that we just destroyed) and attracting tourists we have repelled.
Then they have to try & explain that to the Infallible Emperor
China is the biggest owner of US bonds at over a trillion, and that is down 12.6% since Trump anti-finessed the US into a depression. #tradewars
The fuckwitted Felon47 is working to decouple America from the world's economies.
It is the quickest road to economic feudalism.
what he can
to wreck the
US dollar.
His crypto crook
buddies,
& his sons,
Uday & Qusay,
will replace it
with their
shiny tokens.
Crippling America
permanently
to the delight
of his authoritarian pals.
Destroy the dollar. BRICS
So the Felon will buy bitcoins for hundreds of trillions of dollars.
Nothing he says is correct.
The Felon says he will buy billions and billions of them. The Felon is completely clueless.
https://youtu.be/riX2Ww80Ow0?si=9OMTKScCLUdN-kvJ
https://bsky.app/profile/wendysiegelman.bsky.social/post/3ljn7dwizyc2a
https://bsky.app/profile/aphclarkson.bsky.social/post/3ll7epv2f4c2g
#BoycottUSA
Against "itself" would mean each country turning on themselves!
Reality will kill this plan.
He has got to be the least competent and most horrible president in history by every known metric, and there are still cult members cheering this dumpster fire on.
This is what needs to be fixed.
Currency is mostly based on faith that it's worth what's printed on the paper.
he hasn’t touched it yet…
SHE told you this multiple times....
And the majority of you DIDN'T listen
The primacy of the dollar had its perks, too bad that wasn't good enough any longer.
But ... hey ... CBDC is the future, right?
We’re so fucked unless things change radically basically…now.
https://www.nber.org/digest/202207/el-salvadors-experiment-bitcoin-legal-tender
https://www.bbc.com/news/articles/c20e3l3xllwo
Dollar.
There is a reason to purposely bankrupt something…
All the rich will pennies on the dollar scoop up all we lose.. then they will leave without consequences…. C(?)
That has been a blank cheque for America for a long time.
They will certainly not be unable to start another war to enforce it like in Iraq or Libya .
Good, no country should be an exception or an empire. And I LIVE HERE.
(And yes, I'm being sarcastic. And worried.)
A lot of people underestimated just how bad he'd be.
🤬🤯🫣
They may want it but reality will hit them like a shit brick house. They'll lose everything doing that.
Thry got to villify the trans community, though, so MAGA is happy.
A short phrase in languages and places from all over the world - and it'll go from being muttered, to debated.
When the democrats get busted talking to China covertly (and they will) it'll be another shot in the arm for the MAGAnaughts.
But this is what happens when a country elects a businessman who has a lot of bankruptcies; unfortunately, we'll all suffer for his errors.
https://www.youtube.com/watch?v=5RpPTRcz1no
None of them are good for the American people.