Trump's Five Axes Strike at the US Economy! Is Spring Coming for the Crypto Circle?
The United States is suffocating under $36 trillion in debt — equivalent to the total GDP of Germany, Japan, the UK, and four other countries for an entire year! The annual interest alone reaches $1 trillion, higher than military spending. In an effort to force the Federal Reserve to cut interest rates and reduce the burden, Trump surprisingly resorts to "self-harming five moves":
1️⃣ Tariff War: Import taxes increase, causing a spike in corporate costs
2️⃣ Immigration War: Expulsion of cheap labor, leading to soaring labor costs
3️⃣ Layoff War: Massive cuts to public servants, halving consumer power
4️⃣ Austerity War: Government spending slashed by $1 trillion
5️⃣ Inflation War: Prices rise while wages fall, causing citizens to hesitate in spending
This series of actions has directly led to a negative GDP growth rate! However, the Trump team believes: as long as economic recession forces the Federal Reserve to lower interest rates, debt interest can be greatly reduced, and companies can secure low-interest loans to revive. If rates are truly cut, Bitcoin and other cryptocurrencies may see a surge. Do you think the Federal Reserve will back down? Feel free to leave your valuable opinions in the comments section!