You could look at it that way. Broad strokes yes. The thing is it is probably a bluff.

The problem is the US dollar is the world reserve currency and the Euro Dollar market is massive. So even if a country doesn’t transact directly with the US it still is using dollars for transactions. The US is also the only world super power with a military to back that up.

When Russia started up in Ukraine again the Biden administration booted them from the settlement system and froze their funds in western institutions. Seeing that happen China and Russia are heading up a new BRICS settlement system. That is a direct threat to US interests in remaining the reserve currency.

The US response to this is to go after some of those countries joining BRICS with revolutions and stuff. And at home to pass the Genius Act. An attempt to keep US Treasuries relevant by requiring crypto stable coins to hold them as collateral.

What I think is happening is the US is going after all the other transactions for the people in countries with less stable currencies. Brent Johnson the Dollar Milkshake theory guy has his Orlando Investor conference talk on this theory up for free on youtube if you are interested.

TLDR: Some nations aren’t happy with the US and how it is acting and are threatening to de-dollarize. Except the US Navy is why much of the trade happens.

That they would sell or let their holding of US bonds expire and take the principal.

No way his supporters stick with him after this. This is too big for them to just ignore. I mean these are our fellow Americans. How could they support a lying criminal president?

I just think that once the Trump regime is finished we should all make sure that the people we know that supported him never forget that they supported Trump. I mean last time a bunch of asshats voted for Bush Jr. and then went on to pretend they didn’t know the guy.

That could mean anything though.

All of Elon’s businesses have big operations in Texas. Also Ted Cruz knows what happens to people that everyone hates, they turn into fish monsters like Ted Cruz.

Eventually sometimes we end up doing the right thing, like after trying a ton of other options we finally ended slavery by way of civil war. Or like in Armageddon when NASA couldn’t get the astronauts to figure out a drilling rig we went and got Bruce Willis to get his ass to space and solve the problem via nuclear weapons.

We get banned for talking about increasing taxes on the wealthy through like progressive tax policy?

Because they are just after power and those lot are typically the worst of us.

Didn’t some nations in Africa ask Gates to stop helping?