They want to force everyone into crypto and crash everything else. The issue with losing the USD as a reserve currency is that there is no replacement. They want that to be BTC.
Question: if USA is realigning with Russia and leaving Europeans out in the cold, shouldn’t Europeans realign with China and start to de-dollarize? EuroBRICS?
Meh, the market is where it was 2 months ago and still higher than it was on Election Day. Watch it regain all it lost by the end of the week. Buoyed by the pending tax cut.
Sorors, Cuban, and other sane people of means should fund their protective details for them and their families so they can do the right thing without fear of retribution.
its going to be a rapidly escalating thing inflation will start a slow increase then accelerate , some companies will close down in days , some in weeks , some will take months hanging on burning up reserves waiting for a reversal but even when a reversal comes some damage will have been permanent.
Could be a mad dash for the exit and try to be the first selling USD/ treasuries at a still high price. Maybe some EU governments can be first to create demand for defence Eurobonds 😀
"We're even looking at Treasuries," Trump said. "There could be a problem with Treasuries. . . It could be that a lot of those things don't count. In other words, that some of that stuff that we're finding is very fraudulent, therefore maybe we have less debt than we thought," [Trump] added.
That seems a massive stretch, with treasury yields sliding and incoming data signalling a economic slowdown. I've seen so many of these calls over the years.
The oligarchs the GOP is kowtowing to are accelerationists who want to destroy constitutional democracy and replace it with 19th century-style company towns but worse. Their prophet, Curtis Yarvin, believes technofeudalism is the future. It’s bleak
It’s not just the tariffs. It’s the highly erratic random walk on top of hyper-inflated bubbles by a bunch of uncoordinated parasitic misfits. If people like USD investments so much there surely will be better re-entry points in the future and fewer sleepless nights in between.
Comments
They don’t call it the GREENback for nothing
Don’t recall whether we shredded the bond market over it.
https://bsky.app/profile/boaconstrictor.bsky.social/post/3ljip323goc2x
https://www.lemonde.fr/en/economy/article/2025/03/03/switzerland-raises-concerns-over-handing-pension-fund-management-to-us-banks_6738766_19.html
This ⬇️ was from Jan 2023
https://www.marketwatch.com/story/the-u-s-dollar-surrendered-its-status-as-the-worlds-premier-safe-haven-in-q4-heres-how-11672430163
😄 🤣