The F*CKING F*CKS
if true, then dastardly, unprincipled, and holds much possibilities for TwoAPuc (the worst of all possible unintended consequences), and likely an idea of Bessent, he who's largest position is gold, now perfectly understandable and astutely agile, because gold beats treasuries, and is super for when the people, them be for the people by the people, loses faith in government, according to Martin Armstrong
OTOH, at current valuations, a 20% haircut is barely a nick, and given the inflation expectation ramp, surely would be recovered in short order, after short covering
<<Trump is trying to crash the stock market at least 20%, causing a flight into treasuries, this will cause the fed to slash interest rates so he can refinance the debt to near 0% and cause a deflationary spiral which will lower the cost of everything He also intends to use tariffs as an incentive for companies to build in the US to avoid having to pay them. The Tariffs and the resulting global trade war will also force American Farmers to sell more of their goods in the US (due to retaliatory trade measures by other countries) which will directly lower the price of groceries in the US. More than 94% of all stock is owned by just 8% of the US population. Trump is literally taking money from the rich and giving it to the poor. This is why Trump is playing a game of Hokey Pokey with Tariffs. One day he has 25% Tariffs on Mexico and the next he doesn't. This is to cause extreme volatility in the markets and a desperate need and demand to flee towards treasury bonds which are much more stable but offer much lower potential return. This is also why eggs are cheaper now than they were under Joe Biden.>>
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