Saturday, 12 April 2025

TRUMP SPARKS DOLLAR CRISIS, SENDS INTEREST RISE SOARING AFTER ATTEMPTING TO CRASH THE US ECONOMY FOR HIS PERSONAL ENRICHMENT, HIS TRUTH SOCIAL MEDIA POST MEETS CRITERIA FOR PRIVATE AND UNOFFICIAL ACT STRIPPING HIM OF IMMUNITY

TRUMP PUBLISHED HIS INCRIMINATING POST ON HIS TRUTH SOCIAL MEDIA CHANNEL, SIGNING IT WITH HIS INFORMAL INITIALS DJT

DID NOT PUBLISH IT ON A WHITE HOUSE OF OFFICIAL CHANNEL OR SIGN IT PRESIDENT ETC

SUPREME COURT HAS RULED TRUMP, PRESIDENTS HAVE NO IMMUNITY FOR SUCH PRIVATE AND UNOFFICIAL ACTS

CAN BE LEGALLY REMOVED 

With time running out to save the US economy from total meltdown, Trump must be removed as a number 1 national security and economic priority.

He has now been caught red handed in insider trading, making a key post on his Truth Social media using his personal initials, DJT, in a clearly private and unofficial act which is not covered by presidential immunity.

That opens the door to lawsuits and other actions to remove him and his team of Soros cronies, specifically Scott Bessent.

His deliberate attempt to induce an economic nuclear winter using tariffs as pretext to blockade the US economy and prevent vital products from entering has sparked a dollar crisis.

Yields on bonds surged mot by 43 years. Alas, they may never come down. They may keep climbing as there is zilch sign from the Trump admin that they have a plan to stop the final implosion of the US economy.

https://www.zerohedge.com/market-recaps/sell-america-trade-sparks-gold-rush-dollar-crush-us-bond-yields-surge-most-43-years

The massive savings package of Trump and the Republicans may be the nail in the coffin of the US economy as it takes out cash needed to stimulate demand and keep the ailing economy on  going on its last legs.

The bond yields could spiral out of control and the interest rates as investors realize the US economy has no hope of recovery with this ill conceived policy mix.

As JP Morgan said, the US economy needs liquidity, cash, money for investments and money for purchases. But there is no liquidity or plan for any.

https://www.zerohedge.com/markets/jpmorgan-responds-complacent-fed-there-liquidity-crisis-right-now

The geopolitical result will be that China comes out as the number 1 economic super power using liquidity, free cash, printed by its central bank to supply money for investments and domestic demand.

An uptick in domestic demand will soak up the exports meant for the USA and even bolster the popularity of the Chinese government.

From media

President Donald Trump stepped back from the brink this week after rattling the global trade relations and the financial system that underpins them. But the rattling hasn't stopped. The rapid, synchronized sell-off of long-term Treasuries and the dollar continued on Friday, signaling that America's role as the premier destination for global investors may be reversing.

The 10-year Treasury yield jumped as much as 20 basis points to 4.59% on Friday morning, before pulling back to 4.48% in afternoon trading. For the week, the 10-year yield is still up 49 basis points, amid massive selling in Treasuries.

The U.S. dollar index fell more than 1% early Friday, before coming of its lows, but is still down about 2.5% for the week against a basket of advanced economy currencies, not far off a seven-month low.

https://www.investors.com/news/economy/treasury-yields-10-year-us-dollar-index-trump-tariffs-sp-500/

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