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Tariff Tuesday and Fiscal Doomsday: Trump’s State of the Union Amid Global Tensions
A pivotal moment: Trump’s State of the Union on March 4, 2025—dubbed “Tariff Tuesday”—when new tariffs take effect, just 10 days before a March 14 government funding deadline. Treasury Secretary Scott Bessent’s economic acumen is lauded as he frames a U.S.-Ukraine economic deal (not NATO-backed) as a signal to Putin, warning Europe not to expect American bailouts if it falters. Zelensky’s rejection of this deal escalates tensions, with the UK, Canada, and EU pushing troops and a “Europe Plus” coalition for Ukraine, risking Putin’s reaction. Elon Musk’s Joe Rogan appearance, calling Social Security a Ponzi scheme, underscores the urgency of reining in $6.75 trillion in 2024 U.S. spending. With insolvency looming, Bessent and Musk’s calls for fiscal control as Trump navigates tariffs, peace, and a fractured global stage.
Tomorrow is the state of the union. And tomorrow the tariffs go into place. And on the 14th all systems fail, we run out of money that day.
There are very few people that have the level of intelligence of Scott Bessent. He talks about the privatization of the American economy and really understands the economy.
Zelensky chose to blow this up. This is not a NATO assignment. It is a EU deal. Bessent is making it very clear that it is not a NATO deal, if things go wrong don't look to the American people to bail you out.
The agreement would have tied us to Ukraine, the deal is a general economic support agreement not a minerals deal. This is to show Putin that the US is working with Ukraine.
Elon Musk went on Joe Rogan to say that social security is a ponzi scheme. They want to tell you not to touch medicare but you have to get control of the spending otherwise it is insolvent.
If you think that Russia and Putin will be ok with boots on the ground. UK Starmer announces a coalition willing to deploy troops to UKraine. Canada to send troops to Ukraine. EU leaders want to continue the war in Ukraine. The UK and France seek a Europe Plus coalition to protect Ukraine.
In 2024 overall US spending is $6.75 Trillion. Elon stood in the room to tell you that you don’t have a choice but to get spending under control. March 14th the government runs out of money. Tomorrow is Tariff Tuesday.
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