Since Trump's first term it was clear that he was serious about keeping his campaign promises...
IMHO 2 bad ones:
1. Tariffs
2. Immigration
...and 2 good ones:
3. Lower taxes
4. Peace
He is now proving again that he meant what he said.
He is serious about increasing tariffs as was made painfully clear last week. He is serious about cracking down on immigration, although that is much easier said than done.
He seems to be attempting to pressure both sides into peace degotiations in Ukraine. It's a very tough deal to broker... but I believe that he will put all his clout into achieving it.
He is still to annouce his tax plan, but if the past serves as a guide he will pass large tax cuts in the US. Significant enough to offset the damage done to US corps by tariffs.
What he will not be able to do is balance the budget and reverse the US debt crisis. The cuts necessary to do that are just not politically viable in the US. He would need Milei-style shock therapy. My bet is that he won't even get close to trying, with DOGE never being allowed to come close to the big budget items (welfare, military, etc..).
So we can expect the debt bubble to increase until it pops.
Bitcoin will be there as a lifeboat when it happens.
flix / Flix
npub1vx…q78px
2025-04-05 11:50:06
Author Public Key
npub1vxz5ja46rffch8076xcalx6zu4mqy7gwjd2vtxy3heanwy7mvd7qqq78pxSeen on
wss://relay.damus.ioPublished at
2025-04-05 11:50:06Event JSON
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"content": "Since Trump's first term it was clear that he was serious about keeping his campaign promises... \n\nIMHO 2 bad ones:\n1. Tariffs\n2. Immigration\n\n...and 2 good ones:\n3. Lower taxes\n4. Peace\n\nHe is now proving again that he meant what he said.\n\nHe is serious about increasing tariffs as was made painfully clear last week. He is serious about cracking down on immigration, although that is much easier said than done.\n\nHe seems to be attempting to pressure both sides into peace degotiations in Ukraine. It's a very tough deal to broker... but I believe that he will put all his clout into achieving it.\n\nHe is still to annouce his tax plan, but if the past serves as a guide he will pass large tax cuts in the US. Significant enough to offset the damage done to US corps by tariffs.\n\nWhat he will not be able to do is balance the budget and reverse the US debt crisis. The cuts necessary to do that are just not politically viable in the US. He would need Milei-style shock therapy. My bet is that he won't even get close to trying, with DOGE never being allowed to come close to the big budget items (welfare, military, etc..).\n\nSo we can expect the debt bubble to increase until it pops.\n\nBitcoin will be there as a lifeboat when it happens.",
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