I'm sure it will be so great for us when the dollar is worth half as much as it is today because the dollar is no longer the world reserve currency.
/s, of course.
I don't believe articles which claim that Trump is actually doing something brilliant. Along with being a hypocrite of the highest order, the man is stupid, childish, mean, capricious and vindictive. Maybe his puppetmasters have connived him into making a good decision - but he sure didn't come up with it himself.
This economic upheaval looks to be disastrous. Long-term trading partners know they cannot trust the USA any longer. Long-term military partners know they cannot trust the USA any longer.
The entire approach is just so stupidly destructive both inside and outside the USA. This whole "DOGE" thing is literally costing more than staying the course (most expensive government spending ever in the early days of Trump Part II). Just the known upheaval at the IRS is going to cost an estimated $500B in lost income because they won't have the resources to go after rich tax cheats.
This all spells rapidly rising government debt, job losses, stagflation, etc.
So yeah - this is really looking like a "black swan event".
It's important to remember that the stated rationale for any of this is a lie. It has nothing to do with saving money or reducing the debt or lowering prices, and everything to do with cementing autocratic power and destroying the government as we know it. Trump shitting on the board is not 5-D chess, and anyone nosing through the shit looking for a 5-D strategy is either covering for him or is a fucking idiot. Or both.