When that liquidity preference gives way to an illiquidity preference — in which they begin to feel they’re getting ripped off — the foreigners will get rid of dollars as fast as possible.
The dollar was weaponized when Biden froze Russian assets and locked them out of SWIFT. The selling accelerated from there. Trump has to play the hand he was dealt.
That's fair to say. It seems to me that it's also true that Trump could let them back into SWIFT and either unfreeze or make the EU unfreeze their assets.
Trump could let them back, but why would they accept? China and Russia have discovered that Central Bank Gold is a hell of a lot better than a Central Bank "low interest US T bond".
I don’t recall Bill complaining when the democrats killed the head of state of Libya or froze Russian assets or stole Russian citizens luxury yachts or etc… you get the point.
I have always found Bill to be consistent in his anti-intervention criticisms no matter which team was in power. A little research and even the AI of his friend Elon Musk agrees: In summary, the core tenet of unsustainable U.S. spending is central to Bonner's work. He sees military interventions like those in the "War on Terror" era—including Libya—as contributing factors to ballooning debt and long-term American economic decline. This view has been consistent across his books, articles, and newsletters spanning the 2000s and beyond.
As a Canadian, I would rather our government cement a solid trade deal with the US no matter who is in the Executive Office.. Anything with China should be at arm's length, if that is even possible. I remind myself everyday that Mark Carney is more the PM of Brookfield than he is of Canada.
Oh now Bill, you know Trump is a genius at all things economic. He thinks the way someone playing 4 level chess does. There is no way, we the unwashed masses, can possibly understand how the Messiah’s mind works. Just keep buying the shiny, I am sure it will all work out. Enjoy Nicaragua. It is beautiful this time of the year.
China has wisely sold their dollar reserves slow enough to prevent a big decline in value of dollars they continue to hold. They always take the long view.
Right now, the international dollar economy is living on the remnants of diesel fumes. I don't know when it will finally break, but it will be a disaster when it does, because very few in the US expect it to happen. They'll be in for a major surprise when it does.
Well it is a very dangerous world out there and getting more dangerous with all industrialized nations having bubble economies and rest with no economy. Trump was handed few good cards to play, and even given a pencil, he would be hard pressed to make a good hand. So for now I am on team Trump waiting, watching, and hoping that his administration can protect and navigate America through the dangers that are omnipresent.
James: Trump has done many things that improve living in the US. Energy, getting rid of illegals, closing the border, and has made progress in many conflicts in the world. Of course, I don’t like some of the things he does. I.e. this obsession with the Nobel prize. Actually this price has been very political. Remember Obama getting it for doing nothing. AP
By the way Bill, your got most of your wealth by being a US citizen. Do you have so little faith in the US that you have to hide away in a dictator run country like Nicaragua?
Billy, your comment "Now, the US economy has been upstaged by China … and the reputation for rule-following has been erased” is in direct contrast to other “Financial” talking heads whom continue to stress the Chinese economy is stumbling and in dire straights.
I use to like the truth, wonder what happened to it?
Another anti-USA, anti-Trump column by Bongo Bill. It's not that I don't doubt some of it is correct, it's just that everything Bongo writes is from the perspective of viewing the USA through his negative lens. You would think China was the bastion of individual rights and the USA was a communist dictatorship, and every other country in the world is on the side of right, and the USA is the bad guy. Bill's Bongos play the tune: TDS, TDS, TDS! There is a lot of good and bad going on in the world, but Bongo only sees the bad, and only his perceived bad of the USA. The rest of the world is absolutely fine. If only the USA wasn't around to screw everything up, everything would be fine - Bongo seems to be saying.
I see progress Bill...Tariffs went from doomed failure to duct tape fix! You'll see the full pattern soon and it seemed like the only left to me! Once again, thanks for the gold recommendation 30 YEARS AGO! Let me know if you have any NEW that could be useful.........
Maybe, but let it play out. It may be that his policies and rhetoric will mitigate the multitude issues facing America and the world. To be sure the debt we have taken on since Eisenhower, including the unfunded liabilities, is a time bomb that Trump played but a small part.
Depends what you mean by Trump's small part. During the five years of Trump the national debt has increased by $10 trillion which is over 25%. Let's face the facts. Both teams are spending the US into oblivion.
Vern, Maybe you should watch Newsmax if you want the truth about Ice and there operations. Try keeping the US safe from all the freaks Biden let in while constantly being harassed by Soros PAID protesters. All the previous presidents sans Biden deported millions of illegals using Ice and there were NO protests like we see today.
As bad as that is, I'd also like to know where he was and what he was doing, as well as what those around him were doing, at the time he was shot. Not that I excuse ICE by default. I don't. But still, the context matters. This should be judged rationally, not reacted to emotionally.
The dollar was weaponized when Biden froze Russian assets and locked them out of SWIFT. The selling accelerated from there. Trump has to play the hand he was dealt.
Good point. And Trump, based on declining interest in the USD, is not winning any hands.
That's fair to say. It seems to me that it's also true that Trump could let them back into SWIFT and either unfreeze or make the EU unfreeze their assets.
Trump could let them back, but why would they accept? China and Russia have discovered that Central Bank Gold is a hell of a lot better than a Central Bank "low interest US T bond".
I don’t recall Bill complaining when the democrats killed the head of state of Libya or froze Russian assets or stole Russian citizens luxury yachts or etc… you get the point.
I have always found Bill to be consistent in his anti-intervention criticisms no matter which team was in power. A little research and even the AI of his friend Elon Musk agrees: In summary, the core tenet of unsustainable U.S. spending is central to Bonner's work. He sees military interventions like those in the "War on Terror" era—including Libya—as contributing factors to ballooning debt and long-term American economic decline. This view has been consistent across his books, articles, and newsletters spanning the 2000s and beyond.
Interesting ancillary fact the Trump Admin is forgetting (quite conveniently).
https://www.dailykos.com/stories/2026/1/19/2364194/-In-1917-The-US-traded-its-rights-to-Greenland-for-Epstein-Island-Literally
UT Ohhh..
Since when does the US honor old musty treaties?
As a Canadian, I would rather our government cement a solid trade deal with the US no matter who is in the Executive Office.. Anything with China should be at arm's length, if that is even possible. I remind myself everyday that Mark Carney is more the PM of Brookfield than he is of Canada.
Oh now Bill, you know Trump is a genius at all things economic. He thinks the way someone playing 4 level chess does. There is no way, we the unwashed masses, can possibly understand how the Messiah’s mind works. Just keep buying the shiny, I am sure it will all work out. Enjoy Nicaragua. It is beautiful this time of the year.
China has wisely sold their dollar reserves slow enough to prevent a big decline in value of dollars they continue to hold. They always take the long view.
Right now, the international dollar economy is living on the remnants of diesel fumes. I don't know when it will finally break, but it will be a disaster when it does, because very few in the US expect it to happen. They'll be in for a major surprise when it does.
Well it is a very dangerous world out there and getting more dangerous with all industrialized nations having bubble economies and rest with no economy. Trump was handed few good cards to play, and even given a pencil, he would be hard pressed to make a good hand. So for now I am on team Trump waiting, watching, and hoping that his administration can protect and navigate America through the dangers that are omnipresent.
Unfortunately, Trump has created many of the dangers the world is facing.
James: Trump has done many things that improve living in the US. Energy, getting rid of illegals, closing the border, and has made progress in many conflicts in the world. Of course, I don’t like some of the things he does. I.e. this obsession with the Nobel prize. Actually this price has been very political. Remember Obama getting it for doing nothing. AP
By the way Bill, your got most of your wealth by being a US citizen. Do you have so little faith in the US that you have to hide away in a dictator run country like Nicaragua?
Billy, your comment "Now, the US economy has been upstaged by China … and the reputation for rule-following has been erased” is in direct contrast to other “Financial” talking heads whom continue to stress the Chinese economy is stumbling and in dire straights.
I use to like the truth, wonder what happened to it?
Another anti-USA, anti-Trump column by Bongo Bill. It's not that I don't doubt some of it is correct, it's just that everything Bongo writes is from the perspective of viewing the USA through his negative lens. You would think China was the bastion of individual rights and the USA was a communist dictatorship, and every other country in the world is on the side of right, and the USA is the bad guy. Bill's Bongos play the tune: TDS, TDS, TDS! There is a lot of good and bad going on in the world, but Bongo only sees the bad, and only his perceived bad of the USA. The rest of the world is absolutely fine. If only the USA wasn't around to screw everything up, everything would be fine - Bongo seems to be saying.
I see progress Bill...Tariffs went from doomed failure to duct tape fix! You'll see the full pattern soon and it seemed like the only left to me! Once again, thanks for the gold recommendation 30 YEARS AGO! Let me know if you have any NEW that could be useful.........
Maybe, but let it play out. It may be that his policies and rhetoric will mitigate the multitude issues facing America and the world. To be sure the debt we have taken on since Eisenhower, including the unfunded liabilities, is a time bomb that Trump played but a small part.
Depends what you mean by Trump's small part. During the five years of Trump the national debt has increased by $10 trillion which is over 25%. Let's face the facts. Both teams are spending the US into oblivion.
https://www.theepochtimes.com/us/april-october-us-trade-deficit-shrinks-25-percent-how-did-this-happen-5973139?utm_source=ref_share&utm_campaign=copy
https://www.youtube.com/watch?v=dbhW0JKWI6g
Unbelievably shocking and horrific behaviour from ICE
Hey
Vern, Maybe you should watch Newsmax if you want the truth about Ice and there operations. Try keeping the US safe from all the freaks Biden let in while constantly being harassed by Soros PAID protesters. All the previous presidents sans Biden deported millions of illegals using Ice and there were NO protests like we see today.
Get a grip!!
As bad as that is, I'd also like to know where he was and what he was doing, as well as what those around him were doing, at the time he was shot. Not that I excuse ICE by default. I don't. But still, the context matters. This should be judged rationally, not reacted to emotionally.
This guy manicures and paints his fingernails dark red... screams liberal.
I doubt he is not in some way culpable.
-
Let's hear from the ICE POV...
That looks like a great reason not to get in the way of ice while they are doing their job.
Yeah I'm sure it happened for no reason at all....SMH.
Well said Bill!
The Orange Clown is ensuring our Nation’s demise at the fastest clip imaginable!