Countdown to the US Debt Nuclear Bomb: Trump Joins Forces with His Archenemy to Ignite the $36 Trillion Scythe War
Last night, Washington dropped an epic financial nuclear bomb — Trump surprisingly chose to shake hands with his nemesis, Senator Warren, and jointly push for the permanent removal of the debt ceiling; the $36 trillion US debt black hole is about to swallow the global market! Is this really bipartisan reconciliation? Could this be the Wall Street giants preparing for a century-crossing harvest?!
The US Debt Meat Grinder is Activated: $4 Trillion Tax Cut Scythe Drawn
At 3 AM, Trump went wild on Truth Social: 'I have reached a consensus with Warren, the debt ceiling must die!' This operation is more surreal than a pump by a dog trader.
It's worth noting that Warren is the sworn enemy of Wall Street, who last year called Trump a 'financial fraudster'. A close examination of the bill's terms sends chills down the spine:
The so-called 'removal of the ceiling' is actually a **$4 trillion tax cut over ten years + $1.5 trillion in welfare cuts**; the Republican Party seizes the opportunity to give a red envelope to the wealthy, while the Democratic Party uses poor people's healthcare as leverage.
On-chain data doesn’t lie: After the news broke,
Coinbase instantly saw an influx of $420 million USDT, and BTC surged 3% to break $70,000 in five minutes — the whales have smelled blood!
Bipartisan Mutual Cutting of the Truth? Bitcoin May Become the Ultimate Hedge Coffin Fund
To understand this move, one must review the 2023 debt ceiling farce: At that time, Biden suspended the ceiling until January 2025, and now Trump directly overturns the table to play with permanent abolition.
On the surface, they claim it is to 'prevent economic disaster', but in reality, it paves the way for **$4 trillion in tax cuts for the wealthy** — cutting Medicaid by $880 billion and food stamps by $220 billion; just think about what this is for.
Wealthy Password Warning: The Night Before the July Contract Massacre
Although removing the debt ceiling is beneficial for risk assets, the $36 trillion US debt is a Damocles sword hanging overhead — the CBO estimates the new policy will lead to an additional $3 trillion deficit over ten years, and Moody's issued a warning overnight that it may downgrade the US rating. Experienced hands know: in chaotic times buy coins, in prosperous times buy houses! Now with BTC's weekly MACD golden cross + the countdown to the US debt nuclear bomb, breaking $80,000 before July is just an appetizer!
Personal opinion, everyone still needs to rely on the latest real-time news and think about the situation themselves.
