Donald Trump, The President Of The Ashes.

As the most ridiculous president the American bosses have ever put in the White House, celebrates victory and is building a cabinet, the world reacts by dumping US debt.

Japan just dumped $62 billion in US debt causing the yield on US treasury bonds to shrink even further. Japan is following China’s lead and it is spreading every where, as a domestic survival tactic, that Japan has just displayed. Japan did this to avoid the worst inflationary conditions Japan’s own massive economic stimulus plan and money printing spree will cause. The fact that Japan has dumped this much US debt shows us that there are massive cracks forming in America’s hold on the world via US dollar trade dominance. This will cause bond buyers to look else where for greater bond yields, basically gutting any hopes of Trump advancing his re-industrialization of America agenda. As goes US treasury bonds, so goeth the value of the US dollar. If you are no longer buying US treasury bonds, you are looking for new trade partners and the BRICS are building a very serious trade platform to trade in sovereign currencies instead of using the dollar. Trump has threatened Japanese industries manufacturing in the US by criticizing the deal to revitalize US steel and yes with Japan’s help as Japanese manufacturers in the US need steel too.

When Trump claims the world stole American jobs, he knows he’s lying. America went to China and stole the lives and labour of millions. In industrialized China, the cancer rate climbed to 32% of the population, thanks to totally unregulated American industrial pollution, in China. This caused violent riots in China in 2006, where 5000 local party members were killed out of protest of the deadly pollution, that came with American factories. This brought Chinese president Xi into power, who promised to clean up industry.

The entire world can see America is weak and collapsing to it’s knees as the bosses institutionalize homelessness as a permanent solution to housing. The world can see the looming US debt against the back drop of lower bond yields and unless Donald Trump can convince the world to buy US treasury bonds for a program to rebuild manufacturing and infrastructure, in America, Trump’s fantasy of making America great again was dead on arrival in 2016. 

And it’s not like US global hegemony was ever welcomed by the world. Like Rome, the US murdered it’s way to the top and like Rome in the fifth century, the world is turning it’s back on the US. No one wanted to help Rome and in fact, Rome was sacked by the very people Rome violently crushed, to seize territory and slaves. I doubt that the US will be sacked but it will go broke on the world stage because no one wants to help America and are desperately clamouring to join the BRICS trade alliance, that Russia and China have fostered and is blooming into a very serious challenge to the dominance of the US dollar in trade, especially in the oil trade, world wide. If Trump attempts to print more US dollars, as Biden did, the dollar will weaken even faster than it is now, against the back drop of the world dumping US Treasury bonds

There however, are two things, that Trump could propose to congress and the first thing is, raise the personal income tax on the wealthy to 90% for ten years and cut military and intelligence spending by 90%. It can be called the 90/90 plan. This will free up most of the US budget that isn’t social security or medicare spending, which the American people paid for out of their own pockets, anyway but that Washington has been robbing. We are talking about over a trillion dollars, could be available to Trump for his MAGA plans and it would bring the world back to US treasury bonds as a reward for ending all the murder and mayhem. But unfortunately, Trump will not do this and simply preside over the ashes of a collapsing empire while America’s oligarchy continues to cannibalize the American public for profits.