Economic Collapse by End of August

The Communist party and lead by Vladimir Putin via his deepest mole worked late into the night to hurl America into complete economic collapse by end of August. The Sell America Trade will now begin in earnest. The billionaire tax cuts have to go. I say that as a real Republican.

Conservative estimates have this sham bill expanding the deficit by $3.8T over 10 years. I personally have it exploding the deficit by $4T in its first year. Did you see any funding in there for Golden Dome? That alone will have a price tag exceeding $4T. We have a shooting war going on in the Ukraine and Patriot missiles are scarce as hen’s teeth. Currently they cost about $4 million each and have a long lead time. New satellite weapons aren’t going to be cheaper.

I actually talk about how useless any satellite based defense system is in my upcoming novel

You can read about that there in a few weeks. It’s off to editing now.

Trump Revenue Predictions

Trump revenue predictions have about as much connection to reality as his square footage estimates. This is a Fake President with 34 felony convictions for fraud and other things only a very bad person would do. His budgets and growth estimates are notorious for multi-trillion dollar frauds. His 3% growth rate prediction could only come from someone hitting Elon Musk’s Ketamine. We actually shrunk 0.3% in the first quarter all due to Fake President Donald J. Trump.

Personally I expect at least a 7% shrinkage of the economy before end of 2026. It is quite possible we will have the second Great Depression. All thanks to the total incompetence of Donald J. Trump. He’s doing Putin’s bidding, bankrupting America.

Sell America Trade

Money managers charged with being Fiduciaries have already been forced to start selling U.S. Treasury bonds. They are no longer safe or stable. Moody’s, the last great magic mushroom consuming ratings agency, finally downgraded U.S. debt. Imbecile-in-Chief started a trade war with everyone. China and Japan hold almost $2T in U.S. debt. Should they both dump on the same day or in the same week, we will be looking back at the current 5% treasury cost as nostalgic. The U.S. Treasury could find itself paying the same interest rates you currently pay on credit cards. Fear of U.S. defaulting on its debt is both high and justified. We have a Fake President in the White House who has no earthly idea how tariffs actually work.

Mortgage and Credit Card Rates to Skyrocket

Without getting wonky, I think we can all agree that mortgage rates tend to run about 3 points higher than the treasury rate. Basically they get bundled into that Jamie Dimon mortgage fraud instrument called mortgage backed securities and sold to investors. As the Jamie Dimon mortgage fraud, now quaintly called “the mortgage crisis” proved to the world, mortgage backed securities were in no way, shape, or form as safe as Treasury bonds. They have to pay a higher rate.

Within a week or two mortgages should pop past 8% given this general formula. As of May 15, 2025 they were just under 7% for most. It won’t take long.

History Repeats Itself

Jimmy Carter can rest easy knowing he was not the worst President in the history of America. Donald Trump is, both times. He’s even worse than Muammar Gaddafi. Honestly, the worst President in the history of the human species.

Carter’s failed policy was the Russian Grain Embargo. This tanked American agriculture, put International Harvester out of business, caused a massive wave of layoffs at other ag machinery and vehicle manufacturers. Adding insult to injury he shut down Iranian oil imports into America as part of the hostage crisis without getting securities of supply from others first. Normally we just bought from Russia when the Middle East had its panties in a bunch, but we couldn’t do that now.

Results

Economic catastrophe that lead to regime change and the election of a true Republican, Ronald Reagan. We had Odd-Even Gas Days. If you had personal plates that didn’t end in a digit, good luck getting gas. In 1981, the 30 year fixed mortgage rate hit 16%.

Ronald Reagan was a real Republican, engaged in dispensing actual truth instead of Donald Trump’s criminal fraud on his social network.

What’s Coming?

To inflict maximum pain on the worst deal maker in history, the one that is going to get an Iran Nuclear Deal that makes the Obama Deal seem like Utopia, China and Japan will dump their U.S. debt on or before the end of July. They will have a lot of company once the sell-off starts.

You can’t have a Dementia Addled Lunatic making daily, sometimes hourly willy-nilly tariff announcements and be seen as a stable currency. A mentally unstable Fake President cannot project stability and confidence to the world. He does this as a distraction to line his own pockets. America will be a third world country, if we are a country at all, when he is done.

August is traditionally when biological procreation units attempt to move to homes in “better” school districts so they can avoid all parental duties, allowing their kids to join gangs and become severe drug addicts. There will be a 2-4 week buffer between Treasury goes full-on double digit approaching today’s just under 30% credit card cash advance rates. 16% will be considered a “cheap” mortgage.

Don’t forget, your personal credit card interest rate is usually based on the Prime Rate which the Fed can’t keep low if borrowing costs are double digits for the Treasury. It can, but the national debt will double.

Summary

Only the heir to the throne in the kingdom of idiots believes you can have a huge tax cut and somehow magically reduce the national debt.

America, the bankrupt.