The Almighty Dollar: Abandoned Ship!


Once upon a time, the U.S. dollar reigned supreme in global finance. Today? Our once-glorious dreamboat is listing hard—on course for a spectacular shipwreck.

The so-called “big, beautiful bill deal”—a phrase that sounds like it was brainstormed in a boardroom full of kindergartners—has backfired with flair. Tariffs, tantrums, and a dash of autocracy have turned the dollar into a global punching bag.

Americans are now paying the price—not just in inflation and economic whiplash, but in awkward international encounters. We’ve ghosted allies, scared off tourists, and made immigrants wonder if they accidentally wandered onto the set of The Apprentice and got fired. Isolationism may be mind candy for MAGA, but it’s brain cancer for the economy.

By 2026, $6.4 trillion in U.S. debt will come due. Foreign investors, once eager to hold our debt, are jumping ship. Treasury ownership has plunged from 34% in 2014 to just over 21% today. The leaking bucket has been handed off to U.S. banks, Wall Street, and the Federal Reserve—who are now playing hot potato with IOUs.

Meanwhile, the global “de-dollarization” movement is gaining steam. Brazil, China, and India are shopping for alternative currencies like it’s Black Friday. China, once our biggest fan, is dumping Treasuries faster than you can say “trade war.” Why? Because we’ve burned bridges and slammed doors on our allies. President Trump, ever the showman, seems determined to insult and humiliate—himself included.

He treats economic policy like a game of Monopoly—except he’s always the banker and somehow ends up with Boardwalk. His $3.4 billion “personal profit” shows that the “art of the deal” is really the “art of the steal.”

Markets crave predictability, and Trump’s idea of consistency is tweeting at 3 a.m. about windmills. Now, apparently, we’re supposed to put America’s Social Security into crypto?

Experts predict a future cocktail of fiscal stimulus and protectionism—served with a twist of inflation and a splash of global panic. Tariffs are the garnish on this economic Molotov cocktail. GDP growth? Farmers can’t sell their crops. American households are already feeling the burn—at the checkout line and in their sanity.

Wasn’t reducing grocery prices part of the promise?

So to all the market watchers out there: how do you plan, invest, or grow when the economy is being run like a Sci-Fi reunion special? Trump’s only concern is grabbing daily attention. His policy pirouettes are making it harder for American businesses to do anything but invest in lifeboats.

Yes, this love boat has turned into a nasty wreck—bloated with lies, fraud, and criminality. What do you expect from a convicted felon showing signs of cognitive decline?

Sooner or later—grab a life preserver. The tide’s coming in fast.

Reader Commentary | nvdaily.com https://share.google/JiFI8n4giTPnS9R3m

Comments

Post a Comment

Popular posts from this blog

Regain a Just American Spirit

Burying My Heart with My Broken Knees: Reflections on Scars, Wisdom, and Reparations   Recently, during a visit to my dermatologist, I remarked lightheartedly about the countless scars dotting my skin—souvenirs of my years as a tennis instructor, spent baking under the relentless sun by my own sundance. These thirty-plus marks, pale in significance next to the deeper, emotional scars I carry as a witness to the long-standing injustices faced by Indigenous peoples in this country.   I've always found solace in nature. As a boy enduring Washington, D.C.’s sweltering summers on passive solar panels known as tennis courts. The shade and cool air provided by trees became my refuge from the horrific heat.  The wisdom of the forest is where I developed a profound respect for wisdom of Indigenous communities.   This connection is woven into my own history. My grandfather, both a genealogist and a government statistician, worked extensively with Native data. My line...
Read more

Fervor or Reverence? Choosing Virtue Over Division

Image
   In the last decade, I’ve witnessed a growing fervor in religious expression—bold, righteous, and unyielding. Yet reverence, true and humble, appears more scarce.   I live in the heart of the Shenandoah Valley, where faith is woven into daily life. The people here are warm, the landscape breathtaking, and the traditions deeply rooted. My grandfather was a minister, though I never had the chance to meet him. His legacy, however, speaks to me—not through grand sermons or rigid doctrines, but through the quiet humility that embodies true reverence.   Some wield their faith like a weapon, driven more by desperation than inspiration. Their fervor alienates rather than uplifts, replacing grace with aggression. Divisiveness has transformed discourse into hostility, turning victories into violent rhetoric. Fear Mongering fuels cycles of anxiety and conflict, eroding the very virtues faith should cultivate.   Yet in the quiet acts of kindness...
Read more

Country Club or Club for Our Country

Image
Country Club or Club for Our Country *"I would never join a club that would have me as a member."* – Groucho Marx   Growing up, my playgrounds were public parks. The city streets and green spaces of Washington, D.C., were open to all—except those with country club memberships. These clubs, with their manicured lawns and exclusive gates, were foreign to us.   My parents valued education. My father graduated law school, yet most of my siblings never finished college. I left George Washington University despite having a full scholarship, finishing high school a year early. Like Thoreau, I believed formal education truly begins when it ends. That belief deepened when I moved from struggling public schools in D.C. to the best institutions in the suburbs. It was my first real lesson in inequality.   Later, as a tennis professional, I lived in two worlds: one of hard pavement, sweat, and labor, and another of affluence and ease. I became, in essence, a...
Read more