Doomscroll News

Tag: tariff

  • Deconstructing the Crypto Market Collapse of October 10, 2025

    On October 10, 2025, a single geopolitical announcement triggered the largest deleveraging event in the history of digital assets, exposing the fragile, overleveraged core of a euphoric market. This was not just a market crash; it was a Black Swan event that stress-tested the entire crypto ecosystem, revealing its deepest vulnerabilities and its surprising strengths.

    Executive Summary

    The cryptocurrency market was shattered on Friday, October 10, 2025, by what appeared to be a singular geopolitical shock. In reality, it was the catastrophic failure of a market structure defined by extreme leverage and paradoxical sentiment. This historic deleveraging event, the largest in the history of digital assets, demonstrated the profound systemic risks that had built up beneath a surface of bullish euphoria.

    President Donald Trump’s announcement of 100% tariffs on China was the undeniable catalyst. However, this report will show that the collapse resulted from a dangerous confluence of factors. The market was primed for volatility by a widely accepted “debasement trade” narrative, where a US government shutdown was ironically seen as a tailwind for asset prices. This perception led to all-time highs for Bitcoin and an unprecedented buildup of speculative, leveraged long positions.

    The tariff announcement acted as a pinprick to this overleveraged bubble, triggering a violent liquidation cascade that erased between $9.5 billion and $19 billion from derivatives markets in 24 hours.¹³, ¹⁹ On-chain analysis reveals that the decentralized derivatives exchange Hyperliquid was the primary venue for this deleveraging.¹³ Furthermore, forensic evidence points to the strategic actions of sophisticated whale traders who not only anticipated the market’s vulnerability but also positioned themselves to profit immensely from the chaos.², ¹² This suggests the event was both a market-wide panic and a predatory hunt.

    The analysis concludes with an assessment of the market’s structural health in the aftermath, identifying key indicators that will define its trajectory and offering a forward-looking perspective for navigating the new paradigm.

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  • A New American Platform

    A New American Platform

    After an 𝕏 history filled with plenty of bogus ideas, my stances have obviously evolved, so consider the following my most current platform.

    Don’t reform the failed systems of the past or indulge the inaction of extreme libertarianism.

    Platform Overview

    Signature National Initiatives

    • Launch a 21st Century Manhattan Project: Secure absolute American technological, energy, and military supremacy. Focus on topics such as: nuclear engineering, the development of sovereign AI, and the construction of a ‘Golden Dome’ missile shield. Absorb and accelerate other critical advanced projects: like directed energy, hypersonics, and cybernetics. Participation in this project, at all levels, will be restricted exclusively to U.S. citizens.
    • The Phoenix Mandate: A plan to eliminate the national debt by revolutionizing the U.S. healthcare system through personal health tech, ending the nursing home model, funding “moonshot” cures via a public-private “Titan Mandate”, issuing a “Stargate Ultimatum” for AI to slash costs, and enforcing a “Patriot Price Mandate” on pharmaceuticals.

    Taxation, Revenue & An American Dividend

    • Abolition of Income Taxes: Immediately abolish all Federal personal and corporate income taxes. The IRS’s role as a tax collection agency should be eliminated.
    • Strategic Capital Gains Tax: A modest capital gains tax will be retained for the sole purpose of preventing rampant short-term speculation, designed to heavily incentivize mid-to-long-term investment.
    • An American Dividend (Hybrid System): A hybrid system should be implemented immediately. A significant portion of all tariff revenue should be used to aggressively pay down the national debt, while the remainder should be returned directly to The People as an immediate “Freedom Dividend.”
    • Full Dividend Potential: Once the debt is paid, the full revenue from the baseline 15% tariff will be returned directly to The People, potentially translating to more than $1,700 per U.S. citizen, per year.
    • Mandatory Cash Option: The United States cannot become a cashless society. Physical cash must always be preserved as a valid form of payment.

    Economic & Financial Policy

    • Multi-Level Strategic Tariffs: Implement a 15% baseline tariff. Additionally, POTUS must have full discretionary authority to impose massive strategic tariffs (e.g., 50%, 100%, 400%, 1000%) on critical sectors like microchips.
    • Prohibit Peacetime Cryptocurrency: Cryptocurrency is a national security threat and its use by the general public should be prohibited.
    • The Wartime Digital Asset Act: Treat the underlying crypto technology (blockchain, ASICs) as a strategic military asset to be deployed only in times of declared war.
    • Prohibit Hostile Financial Systems: Expose and ban the integration of Sharia-compliant finance into the U.S. economy.
    • Reject Corporate Bailouts: The $10 billion investment in Intel is a bailout.
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  • My Vision for a Stronger America, Beyond the OBBB

    Prioritize the Need for a New American Fiscal Nationalism & Continue Building a Fortress America Economy: A 15% baseline tariff and sweeping deregulation are not just good ideas; they are necessary defensive measures. While they won’t single-handedly slay the $37T debt dragon, they are the foundational armor for a “Fortress America” economy.

    The $37 Trillion Elephant: Neither party has a plan to pay the debt.

    Investigate the China-California Connection: Deep-dive into how California’s state debt and business ties with Chinese entities create a national security vulnerability.

    Illinois & New York: Blue State Debt Bombs: Unfunded liabilities and corruption in states led by figures like @GovPritzker Gov. Pritzker are a key aspect of the national crisis.

    Saudi Vision 2030: The World’s Most Expensive PR Campaign: The Public Investment Fund’s acquisition of companies like Scopely isn’t about innovation; it’s about their deliberate pursuit of user data. This positions them to monitor our movements, creating a future where digital tracking could easily enable real-world stalking.

    Understand that Political Theater is the Real Insurrection: The political theater in D.C. is the primary cancer. It’s a managed spectacle that provides cover for the real, coordinated erosion of American sovereignty.

    The @SenFettermanPA (Sen. Fetterman) –@marklevinshow (Mark Levin) Doctrine: A pro-Israel, anti-Ayatollah stance is the only coherent foreign policy for national security.

    The @RepThomasMassie (Rep. Massie) –@Ilhan (Rep. Omar) Red Line: Bipartisan efforts to limit executive “war” powers… are a dangerous abdication of responsibility.

    Beyond Counterfeit Cryptocurrency & The Corrupt Old Guard: The post-2008 distrust in the established financial order is justified. But cryptocurrency is not the answer; it’s a digital counterfeit designed to profit from chaos. The real path forward is outside both of these failed systems: a return to productive, asset-backed economics.

    The Hypocrisy of “Stablecoins”: We need to debunk the myth of stability and expose their role in facilitating capital flight from America.

    Critique Cryptocurrency’s Role in the National Debt: Institutional adoption of BTC/ETH/etc. creates a shadow monetary system that undermines the dollar.

    Look Into the Mechanics of Sharia-Compliant Finance: Expose how deals with nations like Qatar and Saudi Arabia introduce legal and financial systems that are antithetical to U.S. economic principles.

    Take a Stand for Authentic Discourse: Public officials should actively curate their audience to prioritize verified, real individuals.

    Deconstruct “Sound Money”: Bitcoin isn’t the new gold, but the new Confederate Dollar.

    … AND A “DREAM ON” WISH LIST:

    Look Into the Qatar Gift Horse: Analyze the “gift” of an Air Force One jet as a symbol of foreign influence at the highest levels.

    Fire Engineers: A ruthless platform approach to platform integrity (purging bots) is more important than internal harmony at a tech company.

    Truth Social’s Bot Problem: Even “alternative” platforms are failing to provide authentic spaces for discourse.