International trade

Linkage

By Katy Swain, 29 March, 2025

In the first part of this series, I looked at how the Trump administration's blend of ignorance and unscrupulousness has led them to consider a cryptocurrency stockpile as a win-win for both scammers and the public being scammed alike. Or perhaps they're being a bit disingenuous there. Here I go on to look at how their profound misunderstanding of money threatens to turn the US into an impoverished kleptocracy. Which, on reflection, might also be a deliberate part of the plan.

In February, Donald Trump carried on appending his distinctive zigzag scrawl to a growing pile of executive orders, including A Plan For Establishing A United States Sovereign Wealth Fund. This declared: