Trump is hell-bent on bringing about financial collapse of the U.S. sooner rather than later. Defense is ~14% of the U.S. budget, so a 50% boost would be massive. Add in the fact that his “Big Beautiful Bill” has already boosted the budget deficit to ~6%, much greater than U.S. economic growth, that his tariffs and ejection of immigrants are shrinking the economy, and that ~ 1/3 of the national debt comes due in 2026 and will need to be rolled over, and you have a foolproof recipe for financial collapse. In addition, Jerome Powell’s term as fed chair is up in May, so Trump can appoint a lackey to juice rates and engage in quantitative easing (money printing), and there is zero doubt that the dollar will be absolutely obliterated before Trump leaves office. There is a reason we’re in the greatest gold bull market of all time, and it is not because Trump is competent and the U.S. is a stable anchor for the world’s economy.
Trump is hell-bent on bringing about financial collapse of the U.S. sooner rather than later. Defense is ~14% of the U.S. budget, so a 50% boost would be massive. Add in the fact that his “Big Beautiful Bill” has already boosted the budget deficit to ~6%, much greater than U.S. economic growth, that his tariffs and ejection of immigrants are shrinking the economy, and that ~ 1/3 of the national debt comes due in 2026 and will need to be rolled over, and you have a foolproof recipe for financial collapse. In addition, Jerome Powell’s term as fed chair is up in May, so Trump can appoint a lackey to juice rates and engage in quantitative easing (money printing), and there is zero doubt that the dollar will be absolutely obliterated before Trump leaves office. There is a reason we’re in the greatest gold bull market of all time, and it is not because Trump is competent and the U.S. is a stable anchor for the world’s economy.