If usd is a poor gambit, and if treasuries are iffy too, then where do you put your liquid capital? Gold? Bitcoin? (At least this will remain hyper liquid against the pending onslaught of private bank stablecoins)
Hey @Alfonso Peccatiello (Alf) . You appear to be getting impersonated by the account below, who has restacked a load of your posts and is trying to follow your subscribers, such as me:
Alf, that was very well written. However, if Trump tries to get his way, things could get even far worse. If foreign investors are paying attention to the Mar-A-Largo Accords, they should be dumping both their US Treasuries and their stocks. Here is a quote about those "accords". (What could possibly go wrong?):
"Like the 1985 Plaza Accord, part of the proposed solution is to force the rest of the world to appreciate their currencies to improve US export competitiveness. You can already see the effort here to appeal to the instincts of Donald Trump, named for the president’s personal Florida retreat. The Mar-a-Lago Accord idea also envisions that foreign governments holding US Treasuries would convert these to 100-year bonds. The mechanism for achieving these objectives is to threaten trade and investment partners with tariffs and withdrawal of the US security umbrella."
Chinese crypto billionaire, Justin Sun, "invested" $20,000,000 into the Trump family's crypto project. The CD Culture Group, a Chinese company with zero revenue, recently "invested" $300,000,000 into the Trump family's crypto project. Meanwhile, a United Arab Emirates backed fund "invested" $2 billion in the Trump Family's crypto project, and this is probably just the tip of the iceberg.
One thing we do know is that as the USD loses value, crypto currencies gain value. So is it just a coincidence that Trump is doing his best to crush the value of the U.S. dollar while he, the former crypto sceptic, is now calling for a U.S. crypto currency reserve fund? Perhaps it won't be by accident, that while over 95% of Americans suffer the loss of what wealth they still have, as a weak dollar increases the cost of their economic survival, the Trump family and their tech bro parasites will make hundreds of billions dollars. Compared to the Trump family, the Gilded Age Robber Barons will look like Robin Hoods.
If usd is a poor gambit, and if treasuries are iffy too, then where do you put your liquid capital? Gold? Bitcoin? (At least this will remain hyper liquid against the pending onslaught of private bank stablecoins)
Hey @Alfonso Peccatiello (Alf) . You appear to be getting impersonated by the account below, who has restacked a load of your posts and is trying to follow your subscribers, such as me:
https://www.substack.com/@realalfonsopeccatiello
I suspect this account is not you, so have blocked it.
Alf, that was very well written. However, if Trump tries to get his way, things could get even far worse. If foreign investors are paying attention to the Mar-A-Largo Accords, they should be dumping both their US Treasuries and their stocks. Here is a quote about those "accords". (What could possibly go wrong?):
"Like the 1985 Plaza Accord, part of the proposed solution is to force the rest of the world to appreciate their currencies to improve US export competitiveness. You can already see the effort here to appeal to the instincts of Donald Trump, named for the president’s personal Florida retreat. The Mar-a-Lago Accord idea also envisions that foreign governments holding US Treasuries would convert these to 100-year bonds. The mechanism for achieving these objectives is to threaten trade and investment partners with tariffs and withdrawal of the US security umbrella."
Chinese crypto billionaire, Justin Sun, "invested" $20,000,000 into the Trump family's crypto project. The CD Culture Group, a Chinese company with zero revenue, recently "invested" $300,000,000 into the Trump family's crypto project. Meanwhile, a United Arab Emirates backed fund "invested" $2 billion in the Trump Family's crypto project, and this is probably just the tip of the iceberg.
One thing we do know is that as the USD loses value, crypto currencies gain value. So is it just a coincidence that Trump is doing his best to crush the value of the U.S. dollar while he, the former crypto sceptic, is now calling for a U.S. crypto currency reserve fund? Perhaps it won't be by accident, that while over 95% of Americans suffer the loss of what wealth they still have, as a weak dollar increases the cost of their economic survival, the Trump family and their tech bro parasites will make hundreds of billions dollars. Compared to the Trump family, the Gilded Age Robber Barons will look like Robin Hoods.
This thesis snowball is certainly showing green shoots, and the unicorn event is a new overlay.
This sounds like a wild ride! Can't wait to see how things unfold and if we’re really ready for the next big wave.