Helping Malaysia’s Forgotten Class Turn High Income into Lasting Wealth | Strategy • Clarity • Freedom
🚨 38% of US debt is up for refinancing in the next 18 months. Trump knows it. Powell knows it. That's why they're clashing—openly. 🏛️ The Fed was never really about inflation. It was created for one purpose: 👉 To stabilize the Treasury bond market. Because the bond market IS the system. 📈 If yields spike → everything breaks. So when things go sideways, the Fed steps in. At least… that was the deal. Now? Even Powell looks cornered. 🔥 Trump just lit Powell up—publicly. Why? Because Trump's team already told us: 📌 Their priority isn't the stock market. 🎯 It's keeping yields low. 📊 Here's why it matters: Trump may have to refinance ~$28 TRILLION during his term. 📉 Every president before him rolled debt in a falling rate world. 📈 Trump? Faces a rising rate world. ➡️ It hasn't happened in 40+ years. 🧠 So what was the strategy? • Tariffs • Crash the markets • Induce a recession • Force Powell to cut rates • Drop yields & gain leverage Smart. Aggressive. But… 💥 it backfired. 📉 Markets dropped ~20% 📈 But yields? Went UP. That's rare. That's dangerous. ❌ Powell didn't cut. 🇨🇳 China didn't blink. ⛓️ Now Trump is trapped. He needs stable markets to pressure China. But Powell isn't helping. Or maybe… he can't. 💡 Powell tried easing. But yields still rose. The Fed has lost control. 📉 $200 billion in unrealized losses says it all. Trump thinks Powell isn't doing enough. But maybe Powell can't fix what's already broken. 🤔 People still believe the Fed is "independent." But conspiracy theorists? They laugh. 2024: Powell cuts rates—for no real reason. 🗳️ Right before the election. 📣 Then says "the economy's strong" while signs say otherwise. 🎯 Some say it was all to boost Biden. Trump knows the game. The Fed—and the deep state—aren't rooting for him. He wants Powell out. But here's the kicker: 🚫 A sitting president can't fire the Fed chair. 📌 Powell holds more power than the president. By doing nothing, he can derail Trump's entire economic playbook. 📉 But Powell has his own problems: • A bloated balance sheet • Cracked credibility • A legacy at risk ⚠️ Empires collapse under debt. Now Trump faces the same weight. You don't own debt. Debt owns you. 👑 Trump vs Powell makes headlines. But the real battle? 💥 Trump vs the Bond Market. That's the true endgame.
What if major bond holders choose NOT to roll over the bonds, instead they choose to cash out ?
So Victor interesting, though politicized perspective. If the Fed drops rates then the current value of Treasuries would go up. If that happens don't you think that Japan, China and the UK (who have all been sellers in 2025) will continue to sell? If that happens and their sales soaks up any liquidity in the market how does the Fed service the $2T-$3T shortfall of the budget congress is currently considering?
This also jeopardizes the dollar as de facto currency and need to flow through NY. If we don’t retain this huge benefit that Trump treats like a burden, we will never be able to recover from debt. When investors are spooked, they will not flock to treasuries because this admin is unreliable and frankly a bully. They will sell down and find other ways to trade. Not everyone knows this, but Trump has written every country to align with him or face retaliation on multiple issues. He sent threats about the tariffs, and he sent threats about agreeing with climate change at the IMO MEPC83 and voted against emissions elimination in shipping. The irony is, that the US is not that important when it comes to shipping. Smoot-Hawley was protectionist policy that led to the Great Depression. The Jones Act also protectionist in shipping so they have lost industry including manufacturing and hi-tech jobs. State has also given a list of words they do not want countries to use like DEI, Equity, Global Warming, Decarbonization, etc. I don’t know details of other example warnings, but they all threaten retaliation. The US used to be the safe bet attracting capital from everywhere, it was primarily broken into US and ROW. Now, it’s ABA.
Remove the "deep state" conspiracy theory bs and it's worth reading.
Trump is lining up to blame Powell for trumps failed strategy. Trumps tariffs will drive up inflation and lead to slowing growth. Powell cannot cut rates or inflation will spiral. And if trump fired Powell or tries to, the bond market will tank. Why is this happening? Trump.had an idea about tariffs in the 1990s and had not updated it since. Trump has put America on a path to failure. By July, the effects will be unavoidable.
A private entity, Fed controls a country's fate, doesn't that sounds like a scam right from the start. Why so much power given to these few people? They print money and we pay them interest for the printed money? Day light robbery. Yes, the deep state isn't going to help Trump look good. The deep state has never had the interest of the Americans at heart, it never was and never will be. It will sell out the America's interest for their global agenda. This time, it won't be any different either. They probably are planning to crush the dollar and blame it on Trump.
Trump is impulsive & unpredictable. He or his plans can't be ignored. He has back up plans to get rid of $ 35 trillion debt the US owes. He knows the USD is loosing its value . USDINDEX at 98.30, its 3 year low. Below are my analysis . 1. Rig the Gold prices . Gold today at $ 3385 an ounce. It will go faster from $ 3000 an ounce to $ 5000 an ounce than it went from $ 2000 ounce to $ 3000 an ounce. 2. Expedite the Golden Visa priced at $ 5 million. He is targeting 1 million people worldwide which will give him $ 50 trillion into the US kitty. Many Chinese citizens will apply for this scheme . CCP will try to block its citizens to move the money from China/HK/SGP to the US. But the Chinese will smuggle the monies to the US to obtain the Visa. With $ 50 trillion , payoff $ 35 trillion debt . Still left with $ 15 trillion & still be the number one economy. Once Gold touches $ 5000 an ounce or little more, crash the gold prices by dumping physical gold into the market. Remember, LME has lost to the US in fixing the daily gold price. There is a new DS 2.0 working closely with Trump trying to get rid of DS 1.0 created by the Obamas, Clintons & some oligarchs of the US. For now, this is what I can infer from his move.
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6moDebt is the key driver. The United States is bankrupt and Trump is skilled in handling bankruptcy. First you cut costs. That’s DOGE. Second you generate income any way you can. That’s tariffs. Third you reduce the cost of refinancing loans. That’s crashing the market and the dollar. Fourth you try to defer loan payments. That may involve converting debt into 50 or 100 year bonds, or using a synthetic default to stop payment to selected countries holding US treasuries. Trump doesn’t care what the global trade system will look like as long as he is able to stave off bankruptcy and manipulate the market to make money for his friends. Why does Trump impose tariffs against friend and foe alike? There are no compromises or special deals because it’s not about favours for friends, or compliance, or punishment. Tariffs are a desperate bid to stave off insolvency. Read my full analysis on https://johnmenadue.com/post/2025/03/resolving-insolvency-tariffs-are-key-to-trumps-solution/