Bond yields on 10-year U.S. Treasuries are already falling as a result of the tariffs, nearly a percentage point in fact, which may at first blush seem minor but not when you factor in the U.S. national debt which stands at a colossal $38.5 trillion.
A decrease of even 0.74% has monumental impact.
This is opening up breathing room for the federal budget, setting up trillions in interest savings and taking the pressure off inflation.
While markets appear obsessed w/ tariffs, the true headline is the steep drop in bond yields. DJT's team is quietly reshaping the U.S.'s balance sheet, which amounts to a massive refinancing process---and the market is already pricing it in.
Posted by: steel_porcupine on Moon of Alabama | | Apr 4 2025 17:00 utc | 18
An excellent piece.
I like this comment by: steel_porcupine | Apr 4 2025 16:26 utc :
Waltz's role in inviting THE ATLANTIC's Goldberg to the Signal chat revealed to DJT the leaky sieve elements swiss-cheesing his Cabinet. Disarming the neocons willing to undermine his foreign policy aims & intents will mean identifying them first, then walling them off & marginalizing them. It's important, therefore, for events to move slowly forward when it comes to managing the end of the Ukraine War---slowly enough for Major Players and wanna-be's to reveal themselves, like Waltz did in his clandestine ties w/ Goldberg. So Waltz is a leaky sieve, but one can trace his contacts/connections better if he remains in his role. It is hard to believe anyone on DJT's team would trust Waltz again.
Are any of these EO-induced taxes immediately rescindable? Is my thought?
As Rand Paul so eloquently and ocntitutionally, put it this morning - only congress should be able to tax the people. Not one man - but, that was not observed in the past - demonstrably. Congress has passed a 5% import tarriff before, however.
The tarriffs supposedly address foreign goods - but that is going to be a funny one, given that American products have foreign parts in them, and foreign steel - you get the picture.
This can only work if individual income tax is dropped, That is, one revenue system is replaced by another. Local industries, especially fundamental ones like steel and concrete, must start cranking out to cover the gap. <this is my hope.
In that case, Trump is replacing the involuntary taxes with 'voluntary' ones - as in buying foreign goods are a 'luxury' instead of American ones that can offer a price advantage.
I see this Tarriff announcement as an invitation for nations to drop their absurd tarriffs and come to an equitable agreement - which Trump has set at 10% US-side - and other countries can opt to still charge 20% back at US. I don't think the numbers published yesterday are static. But also, I am waiting to see income taxes wiped out, to counterbalance the 'further taxes will ruin us' argument coming from Paul.
Where do you see the 'hidden wealth' button?
OK, IC it now: Bottom right hand corner.
It is a sum of:
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Precious metal reserves
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Mineral reserves (estimated ofc, some has not been found yet)
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Real Estate
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Land value
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Stock Market - good to add to the others, so that it is only part of the sum
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Recaptured assets
So, the 'wealth per citizen' is a type of average potenttial fortune, if everybody had a fair share of the pie.
I guess one could use the figure as a goal to measure oneself against the average. All one has to do is go and get it. But I think it is really meant to demonstrate that lots of that wealth was hidden from us, and how.
I did notice the American Super-cycle button though - in the top right hand corner, and al those indeces are rocketing upwards.
https://qagg.news/?q=Snow+White&q2=
There are lots of Q mentions of Snow White - some in conjuncction with Snowden
Some about various numbered Show Whites (7 CIA supercomputers - presumably the 'dwarves') going offline - whatever that means
Any clues?
I'll go first: Maybe, the failure of Snow White in the Hollywierd space is comms for the failure of the CIA to analyze the bulk data they were collecting? Basically - they need Big Balls (AKA Prince Charming in the Fairy Tale)?
I think the money section needs more thought. Not trying to critiize, but am kinda expanding, only to nudge and converse - that's what we are here for.
You treat 'money' as a tangible asset. Most people do. However, there is a whole 'nuther phase to it. Sort of a flip side. That's borrowed money.. the black hole of debt, although I concede you talk about a usury class (fair enough). But. Most people don't see a 5000 dollar credit card as usury, nor a car-loan, nor even a mortgage. Yet, you end up paying for two cars, and three houses doing one of each - so one tends to agree with that usury thing. But really, mortgages and car-loans allow us to have security of a roof and means of making money - so kinda vital in today's society.
And it's not black and white. For example, as one pays off a mortgage, the value of the house can go up, or down. If it goes up all that money belongs to the owner, not the bank - so winning, prolly akshully beating inflation. In that case, the bank is a very helpful partner. If the market goes down, there is a dangerous place, financially, where one might go 'upside down' on the loan - that is, it's a bust. To avoid that: one must have a 'buffer' that can be 'eaten' into by a rapidly dropping market, and hang on. One way is to not do renovations for say ten years, unless absolutely necessary.
Most people do not know how to plan for the drastic housing-market collapses caused by feverish activity. (hint, something, something buy a smaller, cheaper house and plan to pay it off faster - the only truly dangerous bit is the money the bank can take you to the cleaners for, so be happy with less, don't try and show off).
From the other thread:
Some people have already bargained with him and made the 10 for 10 club. Which is fair game in my opinion - you just got to make friends.
People who are charging a luxury tax for American goods are obvio coining it. Just look at the gouging ones - names sound familiar? Mind you, Vietnam, Laos, Libya, Syria - maybe because US invaded them? Might be a little resentment, or reparations.
Sri Lanka has just gone through a horrific globalist governance decision (organic only, no fertilizer), which is plunging the poor folk in the country into famine, and putting US goods right in the luxury goods bracket - but maybe someone is gladhanding humanitarian relief moneez via this lucrative tarriff. So, this sort of list also throws up some questions and avenues for investigation.
How many of these high tarriffs charged overseas appear as kickbacks from lobbies in the USA congress?
But once the people realize that all that money is going into someone's pocket most likely, their government negotiators can choose to cut THEIR tarrffs, make the imports more affordable and get access to a larger American market with their exports. As appears is a happening thing on that board.
Fair is fair - today's announcement is an opening gambit. I expect some more related announcements as countries try to get a better deal. Publishing it in such a chart is going to certainly set goals for some.
Also: I notice Russia and Ukraine are not on the list. And New Zealand is an honorary 10% club-member, (they still get to charge 20%), for some reason. More questions.
https://www.rt.com/russia/615254-russia-krivoy-rog-strike/