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Trump administration 2024-2028

brihard said:
Didn’t North Korea fire a ballistic missile test into the Sea of Japan literally within the past week?
Click to expand...

And just last week the news has come out that NK troops crossed into SK territory, and ignored broadcasted warnings so warning shots had to be used.
 
HavokFour said:
And just last week the news has come out that NK troops crossed into SK territory, and ignored broadcasted warnings so warning shots had to be used.
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Probably happens more often then we think. The actual border is not as delineated as people think.
 
Question: What do South Korea, Poland and Japan all have in common?

www.theguardian.com

South Korea president calls for military independence in wake of Trump call to cut joint drills

Lee Jae Myung reiterates desire for full command back in Seoul’s hands after Donald Trump cuts joint exercises, citing warm ties with Kim Jong-un
www.theguardian.com www.theguardian.com

South Korea president calls for military independence in wake of Trump call to cut joint drills​


Answer: Countries that all may obtain a nuclear device within the next 10-12yrs.
 
So another thing to watch in the slow motion train wreck that is this Administration.

Japan, still desperate to keep their currency above 160 yen to the dollar, and the USA, desperate for Japan not to sell off 1.1 trillion in US treasury bonds, had the USA buy yen.

18 days later, the yen is back to 160.

One of two things is about to happen. Either the Japanese start selling off a bunch of US treasuries, driving up US borrowing costs, or the USA is stuck in a permanent defense of the yen.

Because the markets have spoken and they didn't buy the bluff
 
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Czech_pivo said:
Question: What do South Korea, Poland and Japan all have in common?

www.theguardian.com

South Korea president calls for military independence in wake of Trump call to cut joint drills

Lee Jae Myung reiterates desire for full command back in Seoul’s hands after Donald Trump cuts joint exercises, citing warm ties with Kim Jong-un
www.theguardian.com www.theguardian.com

South Korea president calls for military independence in wake of Trump call to cut joint drills​


Answer: Countries that all may obtain a nuclear device within the next 10-12yrs.
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Voila - here it is.

U.S. push for allies to step up defense spending may mean more nuclear states
Nukes all around? A fraying U.S. nuclear umbrella is pushing allies to weigh defense options, raising risk of a proliferation cascade
 
It's time , it's time to pull of the trade talks.
We are dealing with people who have no intention of making any deal that doesn't involve us groveling.
 
It seems they've 'dropped short' of expectations...

Fiasco in the Factory: Taxpayers Funded a $533 Million Artillery Plant That Made Nothing​


www.propublica.org

Fiasco in the Factory: Taxpayers Funded a $533 Million Artillery Plant That Made Nothing

General Dynamics opened a Texas factory to churn out artillery shells for Ukraine, but the machines kept breaking. Robot arms smashed into things. Hunks of metal crashed to the floor. There was even a real-life dumpster fire.
www.propublica.org www.propublica.org
 
finance.yahoo.com

New report reveals gold has overtaken U.S. Treasuries

Gold has long been the asset governments turn to in times of uncertainty. That demand has intensified, as geopolitical tensions, sanctions, and worries about the global financial order push central banks to rethink how they hold reserves. That shift just hit a milestone. Gold has overtaken U.S. ...
finance.yahoo.com finance.yahoo.com

Gold overtakes U.S. Treasuries​

According to a European Central Bank report released on June 2, gold now accounts for 27% of official reserve assets held by central banks, up seven percentage points from a year earlier. U.S. Treasuries fell three points to 22%.

It is the first time since the mid-1990s that gold has been the larger of the two. For most of the modern financial era, U.S. government bonds dominated reserves because of their liquidity, safety, and central role in the dollar-based system.

The ECB said the move was not driven by central-bank buying alone. Gold prices surged roughly 60% during 2025, sharply lifting the value of reserves countries already held. But the report said it also reflects years of steady accumulation and a deliberate push to diversify beyond dollar assets, an effort that accelerated after Washington froze Russia's dollar reserves following the 2022 invasion of Ukraine.
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Okay, to be fair, this isn't just due to the Trump. Ever since freezing out Russian dollar reserves a lot of nations have moved away from the dollar.

But the global trade wars and US treasury sell offs are not helping.

So welcome back the gold standard.
 
Altair said:
finance.yahoo.com

New report reveals gold has overtaken U.S. Treasuries

Gold has long been the asset governments turn to in times of uncertainty. That demand has intensified, as geopolitical tensions, sanctions, and worries about the global financial order push central banks to rethink how they hold reserves. That shift just hit a milestone. Gold has overtaken U.S. ...
finance.yahoo.com finance.yahoo.com


Okay, to be fair, this isn't just due to the Trump. Ever since freezing out Russian dollar reserves a lot of nations have moved away from the dollar.

But the global trade wars and US treasury sell offs are not helping.

So welcome back the gold standard.
Click to expand...
China did a lot of this, the Shanghai exchange traded in conventional money but was backed by physical gold (not paper gold). Literally designed to help end the US dollars dominance.

Makes a lot of sense why just buy in paper money when you can buy in paper money and have a guarantee behind it.
 
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