#鲍威尔发言 Trump is really anxious this time!

The U.S. has a $34 trillion foreign debt, and the interest alone costs $1 trillion a year, which is equivalent to throwing away the money for 3 aircraft carriers every day. As the Federal Reserve refuses to cut interest rates, Trump has directly overturned 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 seems tough against foreign entities, but in reality, it is self-harm. Once the news broke, the U.S. was the first to suffer: the stock market plummeted, companies laid off workers, and the unemployment rate soared, with an economic crisis on the verge of breaking out. What is Trump trying to achieve? He wants to force the Federal Reserve to cut interest rates, saving $200 billion in interest, while also boosting housing and stock prices to please his backers.

But anyone with clear eyes can see that this move has numerous loopholes! 70% of the U.S. stock market consists of domestic investors; crashing the market is equivalent to cutting off one’s own financial lifeline. Even more frightening is that if China and Japan stop buying U.S. Treasury bonds, the U.S. government will immediately run out of resources. How could Powell, an old hand in finance, be scared by such threats? Monetary policy is not a child's play.

Ultimately, Trump is just bluffing. With the 2024 election approaching, would he really dare to crash the economy? This gamble is clearly a losing game!