In 2020, Trump placed the Federal Reserve under the influence of the Treasury. Now, Anglo-American financial powers fear he may complete the process. According to some, he is continuing the work started by Lincoln and Kennedy, aiming to remove the central bank from the control of financial elites.
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So, let us recap:
Since seizing Russia’s money did not appear to be a particularly brilliant option - because it would have exposed us to extremely high risks, undermined our residual credibility in international capital markets, and opened the door to retaliation amounting to tens of billions against the assets of European companies in Russia - our European leaders chose a path presented as “realistic,” “a compromise,” in any case “a victory for the EU.”
Let us then take a closer look at this great victory of realism. The European Council has approved a €90 billion interest-free loan to Ukraine. These funds will be raised through new EU borrowing, guaranteed by the EU’s common budget. The costs associated with this borrowing will exclude the Czech Republic, Hungary, and Slovakia.
As always, there are two absurd facts in this latest legal contortion approved by the European institutions.
The first is formal. The Council approved the plan through enhanced cooperation, and this is essentially the first time that common borrowing is covered while excluding certain states. For years we were told this was impossible, that Next Generation EU was a one-off exception that could not be repeated, that it could not be done for investments aimed at fostering the growth of member states’ economies, and now, in just four hours, they approve it, even without unanimity.
As always, Eurosuicide applies only to ordinary European citizens: when it comes to financing wars, money is always found (the Pope’s words yesterday were beautiful—did anyone in Europe hear them?).
The second element is substantive. Ukraine is a country that, without European aid, would already be in default. It is undergoing demographic contraction and will need more than €500 billion merely to rebuild essential infrastructure (source: World Bank).
This tells us that the probability of fully recovering these €90 billion is very low. Russia is unlikely to pay war reparations, and even if it were to participate in reconstruction, it is hard to imagine it agreeing to use its money to repay Europeans who bought weapons to use against it.
This means that the loan will most likely turn into a subsidy, covered by the common budget. Taking into account the interest that we Europeans will pay, and excluding the three countries that opted out, it is possible to estimate the shares of the common budget borne by the different countries.
Germany will cover approximately €26 billion. France €17 billion. Italy €14 billion.
Now, at a historical moment in which austerity is imposed across the board, in which we are pursuing a substantially austere fiscal stance, in which Italy returned to a primary surplus, the European institutions pull out €100 billion that will essentially be covered through higher taxes and reduced services for European citizens, already bent by four years of deindustrialisation and, in the Italian case, by thirty years of stagnation within European rules.
Olivier Blanchard, while agreeing with the decision, provocatively proposes that European countries introduce a “Ukraine aid tax” to make citizens understand that, under the current rules, this aid is not free but corresponds to higher future taxes, both national and European. In short, we offer the ‘free lunch’, and then stick the bill to the same old European citizens.
Dear pro-European friends, when will you finally be willing to lay down the weapons of ideology and assess together the suicidal disaster to which you are leading us with such euphoria and irrationality?
Yesterday, meanwhile, I learned that Eurosuicide has reached its fourth edition in just over a month. Another 3,000 copies are being printed. While war propaganda runs rampant, spreading a realistic, disenchanted, and honest awareness seems to be the only weapon against collective stupefaction.
Gabriele Guzzi
Central banks are selling US debt.
Stablecoins are buying US debt.
What happens to the stablecoin yield from US debt at Tether?
It buys Bitcoin.
It also buys the White House ballroom—because stablecoin issuers have become the exit plan for US debt.
Stablecoins are the new tool in the debt-based Ponzi.
OCTOBER 26, 2025: THE DAY AMERICA BECAME AN EMPIRE
While you watched TikTok, the United States just executed the greatest economic coup in human history.
China controls 80% of rare earth processing—the neurons of every weapon system, smartphone, and AI server on planet Earth. One element: neodymium. Without it, F-35s don’t fly. Teslas don’t move. Data centers go dark.
Trump threatened to destroy $300 billion in Chinese exports with 100% tariffs.
Beijing responded by threatening to choke the global technology supply chain.
Then something impossible happened.
THE 72-HOUR CHECKMATE:
October 24: Malaysia signs mineral pact.
October 25: Thailand signs processing deal.
October 26: Framework announced. China blinks.
Hidden in the fine print: $13 billion Australian rare earth processing. Cambodia extraction rights. Japan’s 2010 playbook—which cut Chinese dependency 30%—now deployed across $350 billion in American AI infrastructure.
THE NUMBER THAT ENDS GLOBALIZATION:
US-China trade: $758B (2018) → $578B (2024)
That $180 billion didn’t vanish. It relocated to nations that bend the knee.
ASEAN trade up 20%. Chinese rare earth market share dropping for first time in 30 years. American supply chains rerouting in real-time while Beijing realizes the trap.
HERE’S WHAT THEY’RE NOT TELLING YOU:
This isn’t trade negotiation. It’s tribute collection.
Trump just converted the world’s largest consumer market from a trade partner into a weapon. Every nation now faces a choice: access to American markets, or access to Chinese supply chains.
Not both. Ever again.
The $20 billion soybean freeze—first since 2018—isn’t retaliation. It’s a demonstration. China can inflict pain. America can inflict extinction.
THE PATTERN THAT BROKE REALITY:
Seventeen times since 2018, identical playbook: Announce apocalyptic tariffs. Markets crater. China retaliates. Then—exemptions appear for allies. Pressure multiplies on Beijing.
63% of Chinese goods face maximum tariffs.
Allied nations: 4%.
Every “chaotic” threat was a calculated bid. Every “impulsive” tweet moved supply chains. Every “Trade War” headline masked the systematic dismantling of Chinese technological sovereignty.
WHAT HAPPENS NEXT:
November 1: Xi meets Trump at APEC.
The deal is already done. Rare earth access for tariff relief. American boots on Asian rare earth facilities. China gets to save face.
America gets the future.
Taiwan, AI dominance, technological independence, and the end of competitive multipolarity—all bundled into a “trade framework” the media will call a truce.
THE TRUTH:
Globalization didn’t collapse.
It was conquered.