$BTC Trump is really desperate this time!

The United States owes $34 trillion in foreign debt, and the interest alone is $1 trillion every year, which is equivalent to wasting the money of 3 aircraft carriers every day. As the Federal Reserve stubbornly refuses to lower interest rates, Trump flipped the table — threatening to impose a 60% tariff on Chinese goods and even threatening to withdraw from the WTO and sanction European car manufacturers!

This move is simply playing with fire! On the surface, it appears to be tough on the outside, but in reality, it is self-harm. As soon as the news broke, the United States suffered first: the stock market plummeted, companies laid off workers, and the unemployment rate skyrocketed, with an economic crisis looming. What is Trump trying to achieve? He wants to force the Federal Reserve to cut interest rates, saving $200 billion in interest payments, and at the same time, boost housing and stock prices to please his backers.

But anyone with clear eyes can see that this move has too many loopholes! 70% of the U.S. stock market consists of domestic investors; crashing the market is equivalent to cutting off their own financial lifeline. What’s even scarier is that if China and Japan stop buying U.S. debt, the U.S. government will immediately run out of funds. Someone like Powell, a seasoned financial veteran, how could he possibly be scared by such threats? Monetary policy is not a joke.

In the end, Trump is just bluffing. With the 2024 election approaching, does he dare to truly collapse the economy? This gamble is clearly a losing game!