Trump’s Iran war and the dollar damage done

TOKYO — Whether US President Donald Trump cries “uncle” on the Iran war tomorrow or it drags on, the economic damage is already done on several fronts.

IwPost

Meanwhile, Europe is already exploiting America's Achilles' heel: its national debt. Ironic that an economic liability is limiting America's position to wreak havoc, but then, this is a president who has recklessly exploded the debt, rather than paying it off by last year as claimed.

https://reason.com/2026/01/20/europes-biggest-advantage-in-the-showdown-over-greenland-americas-huge-pile-of-debt/

#foreignPolicy #geopolitics #Greenland #idiocracy #irony #USNationalDebt

Europe's biggest advantage in the showdown over Greenland? America's debt.

America's large and growing national debt is not just a budgetary liability, but increasingly a geopolitical one too.

Reason.com
Janet Yellen warns the US risks falling into 'fiscal dominance' as national debt surpasses $38.5 trillion, threatening Fed independence and fiscal stability.
#YonhapInfomax #JanetYellen #FiscalDominance #USNationalDebt #FederalReserve #BudgetDeficit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=98359
Yellen Warns US Faces 'Fiscal Dominance Trap' as National Debt Soars

Janet Yellen warns the US risks falling into 'fiscal dominance' as national debt surpasses $38.5 trillion, threatening Fed independence and fiscal stability.

Yonhap Infomax
Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.
#YonhapInfomax #RobertRubin #USNationalDebt #StockMarketCrash #CongressionalBudgetOffice #GDPRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=94003
Former US Treasury Secretary Says Stock Market Crash Would Be Driven by Debt, Not AI

Former US Treasury Secretary Robert Rubin warns that a major US stock market crash is more likely to be triggered by soaring national debt than by AI sector overheating, citing historical precedents and Congressional Budget Office projections that US public debt will reach nearly 100% of GDP in 2025.

Yonhap Infomax
Elon Musk, CEO of Tesla, said only AI and robotics can resolve the US debt crisis, predicting their expansion will drive deflation and fundamentally reshape the global monetary system.
#YonhapInfomax #ElonMusk #Tesla #AIDrivenProductivity #USNationalDebt #Deflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93462
Musk Says AI and Robotics Are the Only Solution to US Debt Crisis—Set to Reshape Monetary System

Elon Musk, CEO of Tesla, said only AI and robotics can resolve the US debt crisis, predicting their expansion will drive deflation and fundamentally reshape the global monetary system.

Yonhap Infomax
Bridgewater Associates founder Ray Dalio warns that real estate is a poor investment amid current economic conditions, citing interest rate sensitivity, tax exposure, and limited diversification benefits.
#YonhapInfomax #RayDalio #BridgewaterAssociates #RealEstate #InterestRates #USNationalDebt #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76848
Ray Dalio Outlines Three Reasons to Avoid Real Estate Investment

Bridgewater Associates founder Ray Dalio warns that real estate is a poor investment amid current economic conditions, citing interest rate sensitivity, tax exposure, and limited diversification benefits.

Yonhap Infomax
Ray Dalio, founder of Bridgewater Associates, recommends investors allocate 15% of their assets to gold or Bitcoin, citing mounting U.S. debt and global debt spirals.
#YonhapInfomax #RayDalio #BridgewaterAssociates #Gold #Bitcoin #USNationalDebt #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74253
Dalio Recommends Allocating 15% of Total Assets to Gold or Bitcoin

Ray Dalio, founder of Bridgewater Associates, recommends investors allocate 15% of their assets to gold or Bitcoin, citing mounting U.S. debt and global debt spirals.

Yonhap Infomax
Graph of #UsNationalDebt components: https://ritholtz.com/wp-content/uploads/2026/12/nationaldebt.png
If we could just remove the red portion (the tax cuts for the wealthy) and not do stupid things that put us into recession unnecessarily (like tariffs? like banking crises?) then we'd be in pretty good shape. Not that #UsNationalDebt should be the be-all end-all of financial decisions, it still would be so much better (temporarily ignoring capitalism being problematic) with those two parts of it being reduced.
Let's talk about Biden, Trump, and debt....

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