Showing posts with label Donald Trump. Show all posts
Showing posts with label Donald Trump. Show all posts

Thursday, July 17, 2025

Trump’s GENIUS Act Sets the Stage for US CBDC | Martin Armstrong

While the world was distracted by the Epstein debacle, legislators introduced the GENUIS Act that would permit the US government to regulate stablecoins. The GENUIS (Guiding and Establishing National Innovation for US Stablecoins Act), primarily sponsored by Senator Bill Hagerty (R-Tennessee), permits the government to oversee, regulate, and define the $250 billion stablecoin market.

Now, stablecoins differ from cryptocurrencies as they are pegged to a stable asset such as a fiat currency or commodity. Cryptocurrencies are allegedly allowed to freely operate on the market based on supply and demand. The GENIUS Act will peg stablecoins to the US dollar and require issuers to maintain a 1:1 reserve ratio in short-term treasuries or cash.

»
I just voted NO on the Rule for the GENIUS Act because it does not include a ban on Central Bank Digital Currency and because Speaker Johnson did not allow us to submit amendments to the GENIUS Act. Americans do not want a government-controlled
 
Issuers holding over $10 billion in outstanding stablecoins will be subject to federal regulation under a newly created oversight agency. These issuers will now be deemed financial institutions and required to meet the traditional banking regulations as well. Stablecoins can no longer pay interest or act as an alternative to bonds. Perhaps most notably, issuers must not meet anti-money-laundering (AML) regulations, which are set to provide the government with unlimited access to payments.
 
So essentially, the government is turning the stablecoin into a digital dollar of sorts. The concern here is that this could delve into digitizing all currency and creating a CBDC. The act specifically provides the government with the authority to “block, freeze, and reject specific or impermissible transactions.” “A permitted payment stablecoin issuer shall be treated as a financial institution [and]…shall be subject to all Federal laws applicable to a financial institution located in the United States including…policies and procedures to block, freeze, and reject specific or impermissible transactions that violate Federal or State laws, rules, or regulations…”

»
 In 1971, we left the gold standard. Today, the groundwork is being laid for a cashless society controlled by digital currency.
You won’t control your money. The government will. This would end freedom altogether. «
Republican Congresswoman Marjorie Taylor Greene, July 17, 2024.
 
This provision is not intended to protect the world against drug smugglers and thieves. This provision is intended to grant government unlimited control over how people spend stablecoins. The government could have easily frozen the accounts of those who refused the COVID-19 vaccination, for example, and the Biden Administration admittedly weaponized existing financial institutions to spy on Conservative Americans through their payment histories.
 
“Stablecoins are the bait and switch for direct-issued government CBDCs,” Bitcoin Magazine editor Mark Goodwin said, “Stablecoins can be programmed. Exactly like how we fear CBDCs will be programmed. They’re exactly the same tokenized mechanism… They can be taken out of your wallet. Your wallet can be blacklisted. A lot of the things that we fear about CBDCs are totally available within the tool set of Stablecoins.”
 
The GENIUS Act has received bipartisan support. Although Republican Hagerty championed the bill, he had bipartisan co-sponsors, including Senators Kirsten Gillibrand (D-NY), Angela Alsobrooks (D-MD), Tim Scott (R-SC), and Cynthia Lummis (R-WY).
 
I warned that governments would NEVER allow any cryptocurrency or stablecoin to compete with their own currency. I long warned that government was merely tolerating these alternative currencies in the past as they posed no real threat. But now the government needs the ability to tax everything to support its perpetual spending. Every digital transaction is traceable. Every digital currency is controllable—the ultimate power grab.
 
One of Donald Trump’s main campaign promises was the prevention of CBDC. The headlines are enraged over his failure to release the Epstein files, but the GENUIS Act is a far deeper betrayal of the American people that has the ability to usher in a new monetary system.
 

Saturday, June 28, 2025

The Collapse of the Genocidal Zionist Regime Is Underway | Zeinab Al Saffar

The crumbling of the grim, tyrannical, and genocidal Zionist regime is gaining pace. Why does it matter? The tyrannies of the medieval age took centuries to disintegrate under the weight of resistance. But the Zionist regime, sectarian and racist in spirit, has faced unprecedented blows in just the last two decades. 
  
The fall of Zionism is unraveling before our eyes.
 
Global opinion polls show rising hostility towards Israel, even as it retains strong support from conservative governments such as those of the US, India, and Germany. Global public opinion, especially among the youth, has turned sharply against it. This could impact future diplomatic relations, arms sales, and UN votes.

"Trump is one of the lowest, most despicable beings on the planet.
He doesn't even have morals with his own people"
Seyyed Parviz Fattah, June 28, 2025.
 
In West Asia, Israel’s favorability has long been low, and recent opinion polls show even stronger opposition, with over 90% viewing Israel negatively. So, hatred toward this apartheid and oppressive occupying regime is no longer a whisper — it’s a roar. And that roar is the drumbeat of history, pounding toward the inevitable fall of a crumbling system. Bottom line: the fall of Zionism won’t take centuries. It has already begun. It’s unraveling before our eyes. It’s good to know.
 
June 28, 2025
 

Wednesday, June 25, 2025

Is Trump Being Blackmailed Over Epstein Island? | Alexander Dugin

MAGA turns on Israel—and Trump: Is Trump being blackmailed over Epstein Island? Trump has declared war on Iran at the cost of losing his core voters. Furthermore, an unprecedented wave of anti-Israel sentiment has emerged within the MAGA base. Trump has lost the majority of his previous supporters. Many Americans are now ready to go against Trump, because what Trump is doing now is in total opposition to what he has promised. The neocons who now manipulate Trump were initially against Trump. They belong to the Never Trump faction of the Republicans, but now became supporters of Trump more in order to manipulate him.
 
 
On the other hand,  Marjorie Taylor Greene, Matt Gaetz, Charlie Kirk, the main figures in MAGA—all feel betrayed by Trump. Elon Musk has abandoned Trump or is hinting, making allusions that Trump was involved with Epstein. At least, he participated in some pedophilia-related actions. That is a huge accusation. Musk has abandoned Trump’s camp before, on the eve before this Israel-Iranian war, and now the American-Iranian war has started. Another faction of MAGA—Rand Paul and Steve Bannon—recently met with Trump at the White House, urging him not to get involved in the Iranian war.

February 5, 2025.

I think that now MAGA is not just split—it is totally lost. So Trump is, more than in the first term, kidnapped, taken as hostage by globalists, by deep state, by neocons, by all of those against whom he fought during his electoral campaign. He has destroyed his political base.

Musk suggested creating his new party, possibly dubbing “the America Party, ” earlier on. The left wing of the Democratic Party, with Alexandria Ocasio-Cortez and Bernie Sanders, are already against Trump, together with people like Tucker Carlson, Steve Bannon, Alex Jones, Charlie Kirk, Matt Gaetz, and many others. So there is doubling in new politics—Trump has lost Trump. Trump is now outside of Trump once more.

At the same time, I don’t see the importance and the power of Democrats has grown—not at all. So Democrats still have a very low profile, a very low level of support. And Trump has lost his own support incredibly fast. So there is a huge amount of people in the United States who are against the war, but who have zero political representation. Before, they were distributed between Democrats and Republicans, and now they are totally abandoned. Immediately, we have a third pole. There are globalist left liberals, globalists; there is this MAGA core—that is the millions and millions and millions. That’s a third party or a third pole or a third power whose representation is now very badly needed in the United States, because the mass of the population that is not satisfied, neither with globalists or deep state nor with Trump now, is huge.

Elon Musk has once asked his 220 million followers if they think it’s “time to create a new political party in America that actually represents the 80% in the middle,”on his social media account with 200 million people, 60 million have participated in this poll and 80% have said yes. Musk and MAGA, if they would start a new party, I think it would win in all the ongoing elections.

 Elon Musk, June 5, 2025: "Time to drop the really big bomb: Trump is in the Epstein files."

We need to follow this moment, because it is not just hesitation from parts of people supporting Trump—Trump has lost his core voters, and they have no representation after the moment of glory, after the moment of victory when they won with Trump and through Trump. They once felt that victory was so close, and now, with this new war, they have lost all hope in Trump.

So I believe the Third World War, involving the United States, could unfold in parallel with a civil war within the country—not only between two factions of the population, but a three-pole civil war. Not just one against the other, but there are liberal democrats, there is the hardcore MAGA, and there are Trumpists and neocons loyal to Trump.

And now, in MAGA in general, there is unprecedented amount of anti-Israel feeling inside the United States. Most people—mostly American nationalists and patriots—they were more or less pro-Israel. And now, it is millions and millions of people hate Israel who they believed are trying to control the American government, which is against US sovereignty. They have nothing against Jews or Israel initially, but when Israeli politicians are believed to be manipulating the American government, that is different. That is a loss of sovereignty.
 
I have never seen in my life such a huge wave of anti-Israel feelings in American society. It is not anti-Semitic, not at all—it is anti-Israel. I think that the blow against Trump is much greater than he could have suspected. So there is something much more tectonic in these changes. That was a trap for him. That was his mistake, a big error—the biggest error he has committed, maybe in all his life—with this bombing of Iran. He didn’t reach any goal. Now, the United States is at war officially against Iran. He didn’t hit the goal, and he has lost everything, more than he could permit himself to lose.

I think that maybe he was really blackmailed. Many American patriots, they say Trump was blackmailed by Mossad, because he participated in the orgies or illicit actions on Epstein Island. They blackmailed him through those networks, and that would end his presidency immediately. Because Epstein’s case is something so awful that all American people are in a state of rage against that. And if Trump is now, it seems, implicated in or participated in that—so that would end his career. But many consider that the war against Iran is confirmation of the fact that he was on the Epstein list.

 

Monday, June 23, 2025

We Have Completed Our Very Successful Attack | Donald J. Trump

June 22, 2025 01:53 AM 
 
@realOsama
September 11, 2001 12:00 PM 
 
@RealHirohito
December 7, 1941 12:00 PM 
 
Thank you for your attention to this matter.

Sunday, June 22, 2025

Already In the Thick of World War III | Alexander Dugin

Some people probably think that World War III might pass us by. That’s the "Patrick Syndrome": everything happening around us supposedly doesn’t concern us. Don’t fool yourselves. We are already in the thick of World War III. The United States has carried out a bombing strike on our ally, Iran. And nothing stopped them. Now, there’s nothing stopping them—or anyone else—from striking us next. At some point, they’ll decide that not only Iran, but Russia too should not have nuclear weapons. Or they’ll come to some other conclusion.
 
As useful as a band-aid on a corpse.

We’re already at war. They might strike if we advance. They might strike if we retreat. They can strike whenever and wherever they want. Ukraine, of course, is not Israel for the West—but it plays a similar role. Not long ago, Israel didn’t exist either. But it emerged and became a proxy for the collective West (although many Israelis would argue the opposite—that the West is actually a proxy for Israel).

Ukraine is in the same position. And it’s no surprise that Zelensky isn’t just asking, but demanding full support from the West—including nuclear weapons. The role model is obvious: the West is "Ukraine’s proxy." And by the way, the Kiev regime bombed Donbas in much the same way Israel bombs Gaza—only with fewer resources, and with Russia responding more decisively to protect its own people than the Islamic countries did.

 As more players join the war, the situation will evolve rapidly.

Our appeals to the UN and our peacekeeping efforts are now as useful as a band-aid on a corpse. If Iran falls, we’re next. Trump is entirely under the control of the neocons, just as he was in his first term. The MAGA project is over. There will be no “Great America”—only regular globalism.

Musk had already explained everything: Trump was involved in unsavory activities on Epstein’s island, and the footage is in Mossad’s hands. Musk distanced himself in time. Trump has lost his agency. He thinks he can just launch one strike—like he did with Soleimani—and then pull back. But pulling back isn’t an option. He has simply started World War III—and he’s not capable of ending it.

The MAGA project is over.
 
Now much depends on Iran. If Iran regroups and keeps fighting, it still has a chance to win. The Strait of Hormuz is closed. The Houthis have blocked shipping in the Red Sea. As more players join the war, the situation will evolve rapidly. China will try to stay out—until it gets hit too.
 
If Iran surrenders, it will lose itself and betray everyone else. That goes for the rest of us as well. Russia is facing a deadly choice. The question is no longer whether to fight or not—Russia is already at war. Everyone knows this, except the Patricks. The question is: the way we’ve been fighting is no longer enough. That resource has been exhausted. So now we must fight differently. In a new way.
 
June 22, 2025

Thursday, April 17, 2025

China is Ready for Any Type of Conflict and Economic Decoupling | Victor Gao

China will fight to the end, as the government has declared, and it has now imposed a retaliatory tariff of up to 125 percent on all US exports to China. If things are not handled properly, this could mean a complete halt to China-US trade—both ways. No goods will be exported from the United States to China, and everything made in China will cease to be sent to the United States. This is decoupling. 

»
 In essence, China is now declaring that it is prepared to fight to the end
—whether in a trade war, tariff war, technology war, or even a real war. «

If the United States truly welcomes this, China will reciprocate, leading to the breakup of China-US relations. Whether this situation evolves from peace to war remains to be seen, but we must all be prepared. In essence, China is now declaring that it is prepared to fight to the end—whether in a trade war, tariff war, technology war, or even a real war. So, the ball is in Trump's court. He decides, and China will reciprocate. China will never succumb to US pressure.


This is the moment of truth. China wants to defend free trade; the United States wants to destroy it. The rest of the world is watching, and a choice will be made by the end of the day. However, China will not accept being held at gunpoint, forced to swallow impossible demands. China is a country that values dignity and decency above economic gains or losses. So, if you want to hold a gun to China’s head, China will hold a gun to yours. If you want to strike China on the cheek, China will strike back. That is the decision and determination of the Chinese nation.

Ref
erence:

» Americans, you don't need a tariff. You need a revolution. «

They rob you blind, and you thank them for it. That's a tragedy. That's a scam. That's why I'm saying this right now: Americans, you don't need a tariff. You need a revolution. For decades, your government and oligarchs shipped your jobs to China—not for diplomacy, not for peace, but to exploit cheap labor. And in the process, they hollowed out your middle class, crushed your working class, and told you to be proud while they sold your future for profit. 

Yes, China made money. But we used it to build roads and lift millions out of poverty. From healthcare to raising living standards, we reinvested in our people. My family benefited from it too. What did your oligarchs do? They bought yachts, private jets, and mansions with golf course driveways. They manipulated markets, dodged taxes, and poured billions into endless wars. And you? You got stagnant wages, crippling healthcare costs, cheap dopamine, debt, and poverty wrapped in a flag—made in China—while they picked your pocket. 

As part of the growing 'Trade War' TikTok trend, a Chinese factory has gone viral after 
revealing that the true cost of producing a $38,000 Hermès Birkin bag is just $1,400 
— and now, high tariffs are ringing the death knell for Western luxury brands.

For 40 years, both China and the United States benefited from trade and manufacturing, but only one of us used that wealth to build. This isn’t China’s fault. This is yours. You let this happen. You let the oligarchs feed you lies—while they made you fat, poor, and addicted. Now they blame China for the mess they created. You don’t need another tariff. You need to wake up. You need to take your country back. I think you need a revolution.

Saturday, April 12, 2025

Don't Think That What's Now Happening Is Mostly About Tariffs | Ray Dalio

At this moment, a huge amount of attention is being justifiably paid to the announced tariffs and their very big impacts on markets and economies while very little attention is being paid to the circumstances that caused them and the biggest disruptions that are likely still ahead. 
 
Don't get me wrong, while these tariff announcements are very important developments and we all know that President Trump caused them, most people are losing sight of the underlying circumstances that got him elected president and brought these tariffs about. They are also mostly overlooking the vastly more important forces that are driving just about everything, including the tariffs.  

 The 80 Year Big Debt Cycle.

The far bigger, far more important thing to keep in mind is that we are seeing a classic breakdown of the major monetary, political, and geopolitical orders. This sort of breakdown occurs only about once in a lifetime, but they have happened many times in history when similar unsustainable conditions were in place. More specifically:
 
1. The monetary/economic order is breaking down because there is too much existing debt, the rates of adding to it are too fast, and existing capital markets and economies are supported by this unsustainably large debt. The debt is unsustainable because the of the large imbalance between a) debtor-borrowers who owe too much debt and are taking on too much debt because they are hooked on debt to finance their excesses (e.g., the United States) and b) lender-creditors (like China) who already hold too much of the debt and are hooked on selling their goods to the borrower-debtors (like the United States) to sustain their economies. 
 
» We are seeing a classic breakdown of the major monetary, political, and geopolitical orders. « 

There are big pressures for these imbalances to be corrected one way or another and doing so will change the monetary order in major ways. For example, it is obviously incongruous to have both large trade imbalances and large capital imbalances in a deglobalizing world in which the major players can't trust that the other major players won't cut them off from the items they need (which is an American worry) or pay them the money they are owed (which is a Chinese worry). This is a result of these parties being in a type of war in which self-sufficiency is of paramount importance. Anyone who has studied history knows that such risks under such circumstances have repeatedly led to the same sorts of problems we're seeing now. 
 
So, the old monetary/economic order in which countries like China manufacture inexpensively, sell to Americans, and acquire American debt assets, and Americans borrow money from countries like China to make those purchases and build up huge debt liabilities will have to change. These obviously unsustainable circumstances are made even more so by the fact that they have led to American manufacturing deteriorating, which both hollows out middle class jobs in the US and requires America to import needed items from a country that it is increasingly seeing as an enemy. In an era of deglobalization, these big trade and capital imbalances, which reflect trade and capital interconnectedness, will have to shrink one way or another. 
 
  From Trade War to Financial War.
Chinese Embassy in the US, April 11, 2025.

Also, it should be obvious that the US government debt level and the rate at which the government debt is being added to is unsustainable. (You can find my analysis of this in my new book How Countries Go Broke: The Big Cycle.)  Clearly, the monetary order will have to change in big disruptive ways to reduce all these imbalances and excesses, and we are in the early part of the process of it changing. There are huge capital market implications to this that have huge economic implications, which I will delve into at another time.  

2. The domestic political order is breaking down due to huge gaps in people's education levels, opportunity levels, productivity levels, income and wealth levels, and values—and because of the ineffectiveness of the existing political order to fix things. These conditions are manifest in win-at-all-cost fights between populists of the right and populists of the left over which side will have the power and control to run things. This is leading to democracies breaking down because democracies require compromise and adherence to the rule of law, and history has shown that both break down at times like those we are now in. History also shows that strong autocratic leaders emerge as classic democracy and classic rule of law are removed as barriers to autocratic leadership. Obviously, the current unstable political situation will be affected by the other four forces I’m referring to here—e.g., problems in the stock market and economy will likely create political and geopolitical problems.  
 
 » Tariffs on US goods will rise to 125% — and this will be our final adjustment.
Regardless of future US actions, China will no longer respond. «
China's Customs Tariff Commission, April 11, 2025.

3. 
The international geopolitical world order is breaking down because the era of one dominant power (the US) that dictates the order that other countries follow is over. The multilateral, cooperative world order the US led is being replaced by a unilateral, power-rules approach. In this new order, the US is still largest power in the world and is shifting to a unilateral, "America first" approach. We are now seeing that manifest in the US led trade-war, geopolitical war, technology war, and, in some cases, military wars.  
 
4. Acts of nature (droughts, floods and pandemics) are increasingly disruptive, and
 
5. Amazing changes in technology such as AI will be highly impactful to all aspects of life, including the money/debt/ economic order, the political order, the international order (by affecting interactions between countries economically and militarily), and the costs of acts of nature. 
 
 Shadowboxing in a hall of mirrors:
On April 12, Trump excluded smartphones and electronics
from his April 9, 125% tariff on China.

Changes in these forces and how they are affecting each other is what we should be focusing on. For that reason, I urge you to not to let news-grabbing dramatic changes like the tariffs draw your attention away from these five big forces and their interrelationships, which are the real drivers of Overall Big Cycles changes. 
 
Ray Dalio, founder of the world’s largest hedge fund, said mismanaged global tariffs and economic
policies could push the US economy, already nearing recession, into a far worse crisis, April 13, 2025.

[...] I also urge you to think about the interrelationships that are critically important. For example, think about how  Donald Trump's actions on tariffs will affect 1) the monetary/market, economy order (it will be disruptive to it), 2) the domestic political order (it will likely be disruptive to it as it will probably undermine his support), 3) the international geopolitical order (it will be disruptive to it in many obvious ways that are financial, economic, political, and geopolitical) 4) climate (it will somewhat undermine the world’s ability to deal with the climate change issue effectively), and 5) technology development (it will be disruptive in some positive ways to the US, like bringing more technology production into the US, and in some harmful ways, like being disruptive to the capital markets that are needed to support technology development and in too many other ways to innumerate here.)
 

Trump commenting on how much money his billionaire friends made when he paused
tariffs on Wednesday, April 9: "He made $2.5 billion today, and he made $900 million". 
Corruption, insider trading, or just good timing and coincidence? 
April 10, 2025.

Sunday, April 6, 2025

Please, It’s Too Much Winning. We Can't Take It Anymore, Mr. President!


 » We're gonna win so much that you may even get tired of winning! You’ll say:
"Please, please, it’s too much winning. We can't take it anymore, Mr. President. It’s too much!" 
And I’ll reply: "No, it isn’t! We have to keep winning, we have to win more! «

 
 
POTUS 45 | 47 

  
 
 » Thursday and Friday were 2 consecutive days in the S&P of more than -4.5% declines,
and the NASDAQ fell more than -5%. This only happened during huge crashes. What's next? «

 

»
There’s a fantastic research paper called “Buffett’s Alpha”, which analyzes the “factors” that Buffett tilts towards. Buffett is exposed to the Betting-Against-Beta and Quality-Minus-Junk factors, with 1.7x leverage. I highly recommend you read this. «
 
 
» Hurst Cycles: Short term cycles - 2-3 days higher for wave 4 and 20d high then another 2-3 days lower for wave 5
and 20d low will fit perfect. I think we had a 20w high late March and are now heading lower into the 20w low. «
Krasi: Weekly Preview, April 5, 2025.
 

Friday, April 4, 2025

We Support Trump’s Tariffs. Here Is Why | Dimitri Simes Jr.

We support Trump’s tariffs. They are beneficial for humanity. They will accelerate the collapse of the Globalist American Empire.
 
Economic Self-Sabotage: Tariffs raise costs for US consumers and businesses, resulting in higher prices for everything from cars to electronics. This impacts the average American's wallet, shrinking purchasing power and slowing growth. A weaker economy means less leverage on the world stage.

» Trump’s tariffs are beneficial for humanity. They will 
accelerate the collapse of the Globalist American Empire. «

Alienating Allies: Imposing 25% tariffs on Canada and Mexico, or 20% on the EU, doesn’t exactly convey a “team player” mentality. Allies are already retaliating—China’s counter-tariffs and Europe’s threats are just the beginning. When your friends abandon you, your influence diminishes rapidly.



The formula Trump's team used to calculate tariffs. 
 Brilliant minds at work: Tariffs = Trade Deficit/US Imports.

Dei
ndustrialized Reality
: The US is no longer the manufacturing giant it once was. Decades of offshoring have gutted its industrial base. Tariffs can’t protect industries that barely exist anymore. Steel mills and factories won’t magically return. Instead, higher costs will simply burden the service-heavy economy that remains.
 
Handing Rivals a Win: China is eager to capitalize. Tariffs push global trade away from the US, and Beijing is ready to fill the void, strengthening ties with Asia, Africa, South America, and even Europe. The more the US isolates itself, the more rivals like China and Russia gain ground.
 
 » The more the US isolates itself, the more rivals gain ground. «

Dol
lar’s Status at Risk
: The US dollar’s position as the world’s reserve currency relies on trust and trade. Tariffs breed chaos, retaliation, and currency wars, potentially leading to a push by BRICS nations to abandon the dollar. If this happens, America’s financial power could crumble—especially considering the historically high price of gold.
 
 » History shows that empires don’t survive self-inflicted wounds like these. «

Ove
rreach and Collapse
: Empires fall when they overextend. Tariffs are a gamble; Trump is betting on short-term gains, but the long-term consequences could be a fractured trade system and a US too weakened to lead. History shows that empires don’t survive self-inflicted wounds like these.
 
Trump’s tariffs might seem like a bold move to “Make America Great Again,” but they could end up being a wrecking ball to its global influence. The empire is already on shaky ground, and tariffs could be the final push that sends it crashing down.

 
  


  
»
The problem is that Trump will be blamed for the recession/depression
the world is headed into, which will not bottom until August 25th, 2028. «
 
 
 » They’ve all been living in our house. Driving our car. They open our fridge, eat our food. 
They’ve taken advantage of us. You have to pay. « Unless you are Israel.
US Secretary of Commerce Howard Lutnick, April 6, 2025.