Ambrose Evans Pritchard on Trump s accelerating rampage which has resulted in him threatening Canada as well as Greenland.
Even faster, more effective while bolstering the law is to arrest Trump on the basis of his crimes against a reporter documented in Greek criminal probe E 17 449 opened in 2017 and still open.
Swiss police can stop him boarding Air Force One due to his crimes against a Swiss born reporter warning the US military and public covid is a scheme.
Crimes expose Trump as a fake American patriot.
From Ambrose Evans Pritchard
Can we not all finally see the evidence of a seriously diseased mind?
But perhaps we should treat the outrages of the last two weeks as a single package, starting with the deployment of a US naval armada to steal Venezuela’s oil on the high seas, to sell it on the open market, and then to transfer the first $500m (£370m) to a slush fund in Qatar beyond Congressional oversight.
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Immigration and Customs Enforcement (Ice) has become Trump’s personal paramilitary force and secret police in all but name – not so different from the Nazi Sturmabteilung in the first year of Hitler’s reign – with a budget second only to the Pentagon.
It is now invading American cities with the clear purpose of provoking civil unrest and justifying recourse to the Insurrection Act, a precursor to suspending future elections if need be.
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Neuropsychologist Ian Robertson says Trump has succumbed to “power addiction”. It is a disorder that works through the same dopamine reward circuits as drug addiction, requiring ever greater doses, and leading to hyperactive rage when thwarted.
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The only constraint on Trump Unleashed is the global bond market. If you have a structural fiscal deficit of 6-7pc of GDP, a savings rate near zero and a reliance on the goodwill of foreigners to fund an explosive increase in debt issuance, you might wish to treat global creditors with a little care.
The US treasury sold $654bn of federal debt over the four days from Jan 12-15, about the same in one week as the annual GDP of Argentina or the United Arab Emirates.
It did not go well. The market yields on long-term bonds are refusing to come down as the Fed cuts rates, and it is the long end that sets the borrowing cost for mortgage debt, car loans, student loans and corporate debt securities.
The yield spread between three-month Treasury bills and 10-year bonds has widened by some 0.6 percentage points since early November. “The Fed may want lower interest rates, but the market ain’t buying it,” said Willian Adler, an Elliott Wave technical analyst.
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Scott Bessent, the treasury secretary, is disguising the fragility of the bond market with “activist treasury issuance”.
He is raising money through short-term bills to take the strain off long bonds, lifting the share of bills to 40-50pc of the monthly issuance, against the advice of the treasury watchdog that it should not exceed 20pc.
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The way to hold Trump’s feet to the fire is for the whole world – Europe, China, Japan, Brazil, central banks, sovereign wealth funds, pension funds, insurance companies and banks – to sit out the next auction by the US treasury and see how easy it is for US domestic capital markets to cover debt sales running at $2.5tn a month.
Impossible to coordinate? Yes, of course. But it is time to start floating such ideas in public. The only language Trump understands is money, so let us cut off his global credit card.
https://www.telegraph.co.uk/business/2026/01/21/trump-crossed-lines-cut-off-global-credit-card/
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