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$AAPL -9% $NKE -11% $AMZN -7% $BTC -3%
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Reasons to not buy Bitcoin: 2025: Tariffs, recession, .. 2024: Too late to buy, ETF pumped it already 2023: SEC lawsuits will kill crypto 2022: FTX collapse 2021: China bans Bitcoin (again) 2020: Pandemic crash 2019: Bitcoin is dead (for the 378th time) 2018: 80% bear market 2017: ICO bubble burst 2016: Bitcoin is only for criminals 2015: Too volatile to survive 10-year Bitcoin return: +5,000% Excuses don’t build wealth
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Trump has 3 main goals with the tariffs: Economical: it will bring down the stock market -> push up bonds -> lower the interest rates -> ‘cheaply’ refinance $9 trillion debt this year Geopolitical: put pressure on countries like Mexico and Canada to secure their side of the border, stop bringing in fentanyl, ... The tariffs will also make sure the USA gets things done by other countries. It’s a political weapon. Strategical: the USA would not be ready for a conflict with let’s say China or Russia to be self-sustainable. The tariffs will boost domestic production of goods and make them not dependent anymore on other countries for certain goods. This makes the USA ready for any situation.
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