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OPINION

Desperate Trump Enemies Lay Siege to U.S. Economy

united states presidency politics policy and economy and or forty seventh commander in chief

U.S. President Donald Trump during a trade announcement, as U.S. Secretary of Commerce Howard Lutnick (2L), U.S. Vice President JD Vance (3L), and British ambassador to the U.S. Peter Mandelson (3R), look on in the Oval Office of the White House - Washington, D.C. - May 8, 2025. (Jim Watson/AFP via Getty Images)

Nicholas Chamberas By Thursday, 08 May 2025 02:53 PM EDT Current | Bio | Archive

Let’s Stop Arguing and Get to Work Solving Domestic and Global Problems

President Donald J. Trump’s adversaries are working arduously, if not feverously, to crush his efforts towards bringing back manufacturing, and its jobs, back to the United States.

As this "war" on Trump continues, and relentlessly so, one is reminded of a wise old saying from Atiśa, "The greatest wisdom is seeing through appearances."

It may appear that those squawkers afflicted with Trump Derangement Syndrome (TDS), that is, the motley assortment of people who gather at protests to scream against the president, are his most formidable opponents.

While loud, shrill, and annoying, they are far from our greatest threat to American prosperity.

Following President Trump’s "Liberation Day" tariffs rollout, stock markets plummeted globally. This was an anticipated early, kneejerk reaction, one, it should be noted, which reversed Itself within a matter of a few days.

Stating the obvious, the administration wasn’t, (and shouldn't be - even now), all that concerned.

When stock prices drop, the value of U.S. bonds (also known as "Treasuries") tends to go up, this as investors seek reliable returns.

Even during the 2008-2009 global financial crisis, (involving the subprime mortgage upheaval), the value of U.S. Treasury bonds soared and became a safe haven for investors around the world.

In a bizarre twist, following the tariff announcement, while the stock market fell, so did the value of U.S. Treasuries; large institutions started mass selloffs of our bonds, forcing the government to increase the rate of return (yield) promised on each bond.

While our government has options not available to other nations, theoretically, if the cost of government borrowing reaches beyond a certain point, it could spark a recessionof massive proportions, or even a depression similar to what Greece endured in 2010.

No.

The dullards who argue that it’s perfectly fair and "normal" for girls to face off against biological males in sports, are not capable of mounting such a well-crafted attack on the American financial system.

Far more powerful forces are united in their goal of halting Trump's agenda and one must give them proper credit for their efforts.

While it’s fair to recognize the cunningness of their schemes, they will fail, and in the end will do so miserably.

President Donald J. Trump is Public Enemy Number One to the globalists bent on running the world with little input from democratic functions.

President Trump’s defiant, rousing speech at Davos earlier this year in January understandably terrified them.

If that wasn’t enough, Vice President JD Vance’s February address to Europe extolling the virtues of freedom of speech must have left them viscerally shaken.

Last week, as stock markets realized heavy losses after the tariff announcement, and US bonds came under enormous pressure, one could understand if these giddy vultures thought that this was their "miraculous" U.S. version of "Liz Truss."

Who is Liz Truss you might ask. She is the former leader of the United Kingdom, and the shortest serving prime minister in British history resigning from office after only 50 days.

Liz Truss took office with an ambitious pro-growth-oriented platform focused on free market reforms including substantial tax cuts proposed.

Sound familiar?

After unveiling her plan of tax cuts and plans to reign in energy costs for households, the British pound plummeted, and curiously enough, British bonds were being dumped faster than toxic chemicals, with analysts howling about her "disastrous" proposals.

Does this also sound familiar?

Under mounting pressure to resign coming from leading politicians and investors, Ms. Truss fires her finance minister and promises huge new corporate taxes. That wasn’t enough, Ms. Truss is forced to leave office soon thereafter.

"Looking back, that afternoon [of the mini-budget] was probably my happiest moment as prime minister. Little did I know the establishment was about to use every tool at its disposal to fight back," remarked Truss.

We experienced record economic growth under the first Trump administration; consequently, no informed and serious person is “buying” that US Treasuries are dropping because investors have lost faith in the Trump administration’s policies.

The United States is in $36 Trillion in Debt. This figure represents an astonishing rate of 122% of our Gross Domestic Product. The United States Trade Deficit in 2024 was an astounding $1.2 Trillion.

One would need to have better persuasion skills than the late Bernie Madoff to even try to convince us that such figures don’t portend an ominous outcome for the US economy.

For all the flippant attacks against MAGA supporters accused of being "financially illiterate," the same halfwits hurling these insults bizarrely cheer on a carefully executed plan to crash the U.S. bond market.

Only someone with severely limited intelligence fails to understand the dire consequences that such an event would have not only on our future, but for virtually every other industrialized economy in the world.

The so-called experts can rail against the tariffs all they want. As Albert Einstein so strikingly summed it up, "Insanity is doing the same thing over and over and expecting different results.."

Our nation's 47th commander in chief isn't going anywhere.

It’s time for friend and foe alike to accept that, adapt, and make fair trade deals with the United States. The world can no longer afford petty bickering on the economy, and for that matter, foreign and domestic policy.

Time is running out.

Nicholas Chamberas has advised good government advocacy groups, elected officials and political candidates on public policy matters. He also served as a senior adviser on several prominent New York City campaigns. He holds a degree in Political Science and a Juris Doctor. Read Nicholas Chamberas' Reports — More Here.

© 2025 Newsmax. All rights reserved.


NicholasChamberas
Our nation's 47th commander in chief isn't going anywhere. It’s time for friend and foe alike to accept that, adapt, and make fair trade deals with the United States. The world can no longer afford petty bickering on the economy. Time is running out.
globalists, treasuries
946
2025-53-08
Thursday, 08 May 2025 02:53 PM
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