The chaos and lack of economic policy depth in the Trump Administration is forcing the world to recalibrate expectations and work around the United States.
Go out and stock up on coffee, and Brazil nuts, ASAP! But on top of all the other deeply alarming things this country is suddenly doing, it’s so infuriating to see our previously stable, financial futures going up in smoke! I was settling into retirement, and now I’m worried out of my mind. About everything. Among which is how do I start working, all over again, at my age, so I can set aside money for a recession and to offset future Medicare and probably Social Security cuts?
I am 76, a recent kidney transplant survivor and retired 3 years ago. I have a part time job making a few hundred a month. I'm terrified for all the reasons you stated in your comment.
Coffee prices have already been increasing. And none of the Maga walking dead zombies i unfortunately work with will admit Trump is fucking everything up
I am stocking up on food. I am worried as well and still working part time at the age of 66. I have money in an account but told my financial advisor to put everything in gold and silver. If worst comes to worst I can sell my condo and move in with my daughter.
Taking the US economy with it, and dragging down the global economy as well, but the rest of the world is already taking steps to limit the damage, as this article points out (the EU, UK, Canada and Mexico are actually a far more important trading bloc).
Maybe a Depression is what it will take to make enough Americans pay attention to the destruction of their country. The wholesale dismantling of science and medical research, the crippling of foreign affairs, defense and intelligence capabilities, and the demolition of wide swathes of the federal government that provide critical service hasn't been enough.
A very good piece that should be essential reading for anyone doubting that the POSOTUS is putting our economy in jeopardy. I can’t blame the BRICs for looking out for their interests. I blame Trump for not looking out for ours. He looks out only for himself.
An incredibly well written, easy to read and understand piece. However, people who voted for him and other Rs will neither read this nor will understand the message.
Trump and maga world do not have the intelligence to even look out for themselves. The situation we are in here as the author states ( paraphrasing): That Trump sees international economic relationships (all relationships really) as zero sum game instead of mutually beneficial / win-win. That is the mindset of an adolescent with development issues (and I speculate of Neanderthals). The destructive obtuseness of this is mind-blowing. As stupid as they are, It is hard to believe that maga / trump really insists that this going to benefit them. Invest in silver and gold and Japan and Latin America. Don't bet the ranch, but make some reasonable investments.
Good article by the Australian Broadcasting Corporation today, highlighting China's rise in the new world order. Actual sub-heading: "Xi is more important than Trump". The malignant narcissist won't be happy with that.
Within a couple months the rest of the world will dump the dollar as the reserve currency. I also expect foreigners to dump Treasury securities. That will lead to Trump defaulting on the debt.
The shockwaves are gonna be far worse than the Great Depression.
The current debt trap will be accelerated and the credit bubble brought on by fiat currency will burst taking the equity and bond markets, derivatives, and crypto with it Get out of credit! and into metal
If we do not get rid of these degenerate people in power in the US soon, we will become a nation subordinate economically to China and India. No longer will the US dominate the world stage. Maybe that's not a bad thing, if it wakes up the complacent masses to throw out the authoritarian goons currently in charge, and we become the progressive nation we are meant to be. Caring for all our people, not just the greedy robber barons who are orchestrating our decline for their short term profit.
Congressional Democrats must be much more vocal about the potential for economic disaster of epic proportions, it seems that Trump ravages us unchecked while the folks we elected to protect us stand politely by , tut-tutting and not much else. It is time for all of us to contact these elected Senators and Representatives, to demand that we see them and hear them speaking coherently about what could be done to change the calculus. Contact the Republicans too, to remind them that you are their constituents and that you vote…and that they ignore the wellbeing of constituents at their professional peril.
Get in touch with your local Party and see if there are any potential challengers. Respect and co-operation are no longer working strategies in Congress. Let your Rep know that you're exploring options to replace her-and wanting to see concrete solutions and the calling out of the hypocrisy of voting against constituents’ interests, instead of concern. She doesn’t have to get aggressive and nasty, just firm and creative, if she cannot, maybe there’s someone who will. Primaries are a-comin’.
There’s hope, it may involve some fairly aggressive primary action but We The People deserve better, and if we push for it we can get it. The DNC is the way that it is because we have not loudly insisted that it be otherwise.
The Idiot in Chief is really fucking us good...no dinner before or kiss after. HE AND MAGA NEEDS TO GO AND SOON IF WE WANT TO BE PART OF THE WORLD AGAIN AND GET RESPECT!!!
Who knew a guy who paid his way through a business college degree, paid his way to cheat two presidencies, and is a serial predator and malignant narcissist could screw up so many lives? Who knew?
The sad part about trumps messing around with trade while not understanding anything about how it works, is that the USA will be left out of trading relationships altogether. That the world doesn't trust America anymore is obvious. Once TRUST IS GONE then it's an uphill battle to regain it. America won't be able to just get to where they were prior to trump 2.0 they'll have to be BETTER than where they were. You can thank your "stable genius" for that too!
Thank you, Max for another fantastic overview of our current macroeconomic situation‼️ Clearly the handwriting is on the wall and it doesn’t favor the USA‼️ As you said repeatedly in your video, it doesn’t have to be this way! Under Biden‘s administration, our economy was firing on all cylinders, and we looked to be the envy of the world, now that’s all in the rearview mirror and we have nobody to thank for our reversal of fortune but Trump‼️ He and his 🤡 Clown Cabinet are busily trying to drive America’s economic future into the ground‼️😱🙄🤦🏻♂️🤷🏻♂️ May God help us all‼️
[O]ver four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That’s $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 billion earlier in the week. … Quietly returning to the quantitative-easing trough isn’t standard Fed housekeeping….This isn’t tightening. It’s stealth easing. It’s monetary policy on tiptoes. MarketWatch May 17, 2025 | https://www.marketwatch.com/story/why-is-the-fed-quietly-buying-billions-in-bonds-and-hoping-nobody-notices-6bda3791
"The monetary authorities of U.S. adversaries are likely to continue buying gold as a dollar alternative." The BRICS nations — Brazil, Russia, India, China and South Africa — are eager to create a dollar alternative and also are big buyers of gold … The People's Bank of China (PBOC) increased its gold holdings for a seventh straight month in May to $3.285 trillion, from $3.282 trillion the previous month." The PBOC's determination to continue buying gold at such elevated prices ... demonstrates Beijing's urgency to diversify away from the dollar.” … That's also manifested in China's declining holdings of U.S. Treasuries. From $784 billion in February, China's holdings of U.S. debt dropped to $757 billion by the end of April. Investor's Business Daily, July 7, 2025 | https://www.investors.com/news/gold-prices-4000-forecast/
Estimated Chinese gold reserves 30K+ tonnes >3x US gold reserves if it hasn't been leased out Silver reserves same story And PBOC is not putting it out on the open market Even encouraging citizens to open gold accounts with the PBC They have been at this for the last 40+y
11 Beelion INJECTED into REPO MARKET so BANKS can basically survive
BRICS hoarding up GOLD so they can pull away from this NONSENSE of the US DOLLar bc of the GAMES of TRUMP and lack of STABILITY now, the lack of FRIENDSHIP
NETAGIVE GROWTH - MORE MONEY OUT OF THE USA by -17% than coming IN !
HE HAS TRAPPED HIMSELF HENCE our USA into a CORNER. He has STOP this nonsense. IT IS SO. FKN. off the charts STOOOOOPID.
Call any member of congress! the trump ass kissers need to know they need to grow a spine n stop trump n miller. Get rid of ice barbie n Bondi! Entire cabinet are incompetent n corrupt!
Excellent article. I read a news article last week I think saying other countries were requesting gold being held in America to be returned. Is there any truth to this
Go out and stock up on coffee, and Brazil nuts, ASAP! But on top of all the other deeply alarming things this country is suddenly doing, it’s so infuriating to see our previously stable, financial futures going up in smoke! I was settling into retirement, and now I’m worried out of my mind. About everything. Among which is how do I start working, all over again, at my age, so I can set aside money for a recession and to offset future Medicare and probably Social Security cuts?
I am 76, a recent kidney transplant survivor and retired 3 years ago. I have a part time job making a few hundred a month. I'm terrified for all the reasons you stated in your comment.
I’m so sorry. You have it worse.
Stay strong we will overcome this ??
Stay strong. You are one of the many reasons I am fighting.
Coffee prices have already been increasing. And none of the Maga walking dead zombies i unfortunately work with will admit Trump is fucking everything up
I am stocking up on food. I am worried as well and still working part time at the age of 66. I have money in an account but told my financial advisor to put everything in gold and silver. If worst comes to worst I can sell my condo and move in with my daughter.
Same. I've never been a prepper, but here we are.....
Good thing Hawai'i produces Kona Coffee.
Which is really expensive
And I guess the cost of all food items is going up.
California and Puerto Rico also grow coffee, but even with all three, hardly enough to supply the US with coffee.
Glad I'm not a coffee drinker.
It's just a matter of time before all the orange fat boy's policies go down the toilet.
Taking the US economy with it, and dragging down the global economy as well, but the rest of the world is already taking steps to limit the damage, as this article points out (the EU, UK, Canada and Mexico are actually a far more important trading bloc).
Maybe a Depression is what it will take to make enough Americans pay attention to the destruction of their country. The wholesale dismantling of science and medical research, the crippling of foreign affairs, defense and intelligence capabilities, and the demolition of wide swathes of the federal government that provide critical service hasn't been enough.
If we did ever have a depression, the MAGA's would blame it on Biden so I'm not sure even that would change their minds.
Absolutely the only way the American public is going to wake up is when the Orange Cheeto brings us another Depression
Please make it soon
They are already in the toilet.
A very good piece that should be essential reading for anyone doubting that the POSOTUS is putting our economy in jeopardy. I can’t blame the BRICs for looking out for their interests. I blame Trump for not looking out for ours. He looks out only for himself.
An incredibly well written, easy to read and understand piece. However, people who voted for him and other Rs will neither read this nor will understand the message.
Trump and maga world do not have the intelligence to even look out for themselves. The situation we are in here as the author states ( paraphrasing): That Trump sees international economic relationships (all relationships really) as zero sum game instead of mutually beneficial / win-win. That is the mindset of an adolescent with development issues (and I speculate of Neanderthals). The destructive obtuseness of this is mind-blowing. As stupid as they are, It is hard to believe that maga / trump really insists that this going to benefit them. Invest in silver and gold and Japan and Latin America. Don't bet the ranch, but make some reasonable investments.
Exactly!!
Good article by the Australian Broadcasting Corporation today, highlighting China's rise in the new world order. Actual sub-heading: "Xi is more important than Trump". The malignant narcissist won't be happy with that.
Fuck him!!! He FAFO.
Within a couple months the rest of the world will dump the dollar as the reserve currency. I also expect foreigners to dump Treasury securities. That will lead to Trump defaulting on the debt.
The shockwaves are gonna be far worse than the Great Depression.
That's a real possibility. Hope not though. Yikes.
The current debt trap will be accelerated and the credit bubble brought on by fiat currency will burst taking the equity and bond markets, derivatives, and crypto with it Get out of credit! and into metal
If we do not get rid of these degenerate people in power in the US soon, we will become a nation subordinate economically to China and India. No longer will the US dominate the world stage. Maybe that's not a bad thing, if it wakes up the complacent masses to throw out the authoritarian goons currently in charge, and we become the progressive nation we are meant to be. Caring for all our people, not just the greedy robber barons who are orchestrating our decline for their short term profit.
Congressional Democrats must be much more vocal about the potential for economic disaster of epic proportions, it seems that Trump ravages us unchecked while the folks we elected to protect us stand politely by , tut-tutting and not much else. It is time for all of us to contact these elected Senators and Representatives, to demand that we see them and hear them speaking coherently about what could be done to change the calculus. Contact the Republicans too, to remind them that you are their constituents and that you vote…and that they ignore the wellbeing of constituents at their professional peril.
202 225 3121 or 202 224 3121
Will reach any member of congress! Start calling! Share numbers! Especially the trump ass kissers!
One of my Democratic US Senators is "concerned" and finds it all "disturbing and troubling".
That is always her response. That is how she fights for her constituents.
It's the Democratic Party Way !
Her approach is "We must be respectful of our Republican colleagues and vote with them for their agenda".
We want warriors who will defend democracy and this nation. Loud and strong.
Get in touch with your local Party and see if there are any potential challengers. Respect and co-operation are no longer working strategies in Congress. Let your Rep know that you're exploring options to replace her-and wanting to see concrete solutions and the calling out of the hypocrisy of voting against constituents’ interests, instead of concern. She doesn’t have to get aggressive and nasty, just firm and creative, if she cannot, maybe there’s someone who will. Primaries are a-comin’.
No fucking hope for Democrats I have been harping on this issue for last 2-3y with them and nary a peep DNC operates in a vacuum
There’s hope, it may involve some fairly aggressive primary action but We The People deserve better, and if we push for it we can get it. The DNC is the way that it is because we have not loudly insisted that it be otherwise.
The Idiot in Chief is really fucking us good...no dinner before or kiss after. HE AND MAGA NEEDS TO GO AND SOON IF WE WANT TO BE PART OF THE WORLD AGAIN AND GET RESPECT!!!
For someone like me who doesn’t know a lot about the financial world, this was a very clear description of where we are at. Thank you.
Who knew a guy who paid his way through a business college degree, paid his way to cheat two presidencies, and is a serial predator and malignant narcissist could screw up so many lives? Who knew?
The sad part about trumps messing around with trade while not understanding anything about how it works, is that the USA will be left out of trading relationships altogether. That the world doesn't trust America anymore is obvious. Once TRUST IS GONE then it's an uphill battle to regain it. America won't be able to just get to where they were prior to trump 2.0 they'll have to be BETTER than where they were. You can thank your "stable genius" for that too!
Thank you, Max for another fantastic overview of our current macroeconomic situation‼️ Clearly the handwriting is on the wall and it doesn’t favor the USA‼️ As you said repeatedly in your video, it doesn’t have to be this way! Under Biden‘s administration, our economy was firing on all cylinders, and we looked to be the envy of the world, now that’s all in the rearview mirror and we have nobody to thank for our reversal of fortune but Trump‼️ He and his 🤡 Clown Cabinet are busily trying to drive America’s economic future into the ground‼️😱🙄🤦🏻♂️🤷🏻♂️ May God help us all‼️
[O]ver four days last week, without fanfare, the Fed vacuumed up $43.6 billion in U.S. Treasurys. That’s $8.8 billion in long-dated 30-year bonds on May 8 alone, plus another $34.8 billion earlier in the week. … Quietly returning to the quantitative-easing trough isn’t standard Fed housekeeping….This isn’t tightening. It’s stealth easing. It’s monetary policy on tiptoes. MarketWatch May 17, 2025 | https://www.marketwatch.com/story/why-is-the-fed-quietly-buying-billions-in-bonds-and-hoping-nobody-notices-6bda3791
"The monetary authorities of U.S. adversaries are likely to continue buying gold as a dollar alternative." The BRICS nations — Brazil, Russia, India, China and South Africa — are eager to create a dollar alternative and also are big buyers of gold … The People's Bank of China (PBOC) increased its gold holdings for a seventh straight month in May to $3.285 trillion, from $3.282 trillion the previous month." The PBOC's determination to continue buying gold at such elevated prices ... demonstrates Beijing's urgency to diversify away from the dollar.” … That's also manifested in China's declining holdings of U.S. Treasuries. From $784 billion in February, China's holdings of U.S. debt dropped to $757 billion by the end of April. Investor's Business Daily, July 7, 2025 | https://www.investors.com/news/gold-prices-4000-forecast/
Estimated Chinese gold reserves 30K+ tonnes >3x US gold reserves if it hasn't been leased out Silver reserves same story And PBOC is not putting it out on the open market Even encouraging citizens to open gold accounts with the PBC They have been at this for the last 40+y
YYYEP !
AND,
IS WORTH THE FULL 20 minute listen.
11 Beelion INJECTED into REPO MARKET so BANKS can basically survive
BRICS hoarding up GOLD so they can pull away from this NONSENSE of the US DOLLar bc of the GAMES of TRUMP and lack of STABILITY now, the lack of FRIENDSHIP
NETAGIVE GROWTH - MORE MONEY OUT OF THE USA by -17% than coming IN !
HE HAS TRAPPED HIMSELF HENCE our USA into a CORNER. He has STOP this nonsense. IT IS SO. FKN. off the charts STOOOOOPID.
https://youtu.be/8mMRhb9uS_0
Tariffs are Trump's answer to all kinds of things!
And soon will be the answer to his demise!!
Today? trump needs to go!
Not that the couch cougar is any better.
https://www.nytimes.com/2025/05/30/technology/trump-palantir-data-americans.html?unlocked_article_code=1.L08._Hn2.PdT_OwzQTDSI&smid=url-share
https://www.commondreams.org/news/big-beautiful-bill
https://www.project2025.observer/
202 225 3121 or 202 224 3121
Call any member of congress! the trump ass kissers need to know they need to grow a spine n stop trump n miller. Get rid of ice barbie n Bondi! Entire cabinet are incompetent n corrupt!
🔷🇺🇸🔷🇺🇸🔷🇺🇸🔷🇺🇸🔷🇺🇸
https://www.theguardian.com/us-news/2025/jul/07/wall-of-shame-january-6-pardons
Start calling!
His most beautiful word in the English language he says.
Excellent article. I read a news article last week I think saying other countries were requesting gold being held in America to be returned. Is there any truth to this
I read the same article. They don’t trust 47 not to steal it.