Feb. 5 at 7:45 PM
$JNUG $B $GDX $GLD $SLV
Trump’s
$18 trillion, market to market accounting “triumph” is a political mirage, not an economic reality. It is part of a broader strategy that emphasizes nominal growth, asset inflation, & public spectacle, rather than real investment, sustainable manufacturing, or long-term economic health. Like Enron’s accounting, it’s a bubble of perception, visually impressive, but fundamentally hollow.
Like the trade deals this is no different. They are not legally binding contracts, not actual capital inflows, & not tangible foreign or domestic investments in the sense that would measurably grow the U.S. economy. On paper, the numbers look huge; in reality, the cash or productive investment hasn’t materialized, the same principle Enron abused.
& too the rescue is massive nominal growth strategic economy. Get ready for
https://www.cato.org/blog/trumps-eighteen-trillion-dollar-hoax