{"id":28702,"date":"2025-04-05T18:03:31","date_gmt":"2025-04-05T16:03:31","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=28702"},"modified":"2025-04-05T20:02:20","modified_gmt":"2025-04-05T18:02:20","slug":"trump-on-a-record-breaking-streak","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/protectionnism\/trump-on-a-record-breaking-streak","title":{"rendered":"Trump: on a record-breaking streak"},"content":{"rendered":"<p class=\"\" data-start=\"102\" data-end=\"267\">The tectonics of global investment are undergoing spectacular upheavals, to the severe detriment of the United States, which is experiencing a full-scale exodus.<\/p>\n<p class=\"\" data-start=\"269\" data-end=\"452\">Foreign investors and speculators are liquidating U.S. assets at the most dramatic level of the <strong>CENTURY<\/strong>, accompanied by massive capital outflows being repatriated outside the U.S.<\/p>\n<p data-start=\"269\" data-end=\"452\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-28705\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnmyO8kXIAArtbY.jpg?resize=1170%2C813&#038;ssl=1\" alt=\"\" width=\"1170\" height=\"813\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnmyO8kXIAArtbY.jpg?w=1470&amp;ssl=1 1470w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnmyO8kXIAArtbY.jpg?resize=300%2C208&amp;ssl=1 300w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnmyO8kXIAArtbY.jpg?resize=1024%2C711&amp;ssl=1 1024w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnmyO8kXIAArtbY.jpg?resize=768%2C533&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnmyO8kXIAArtbY.jpg?resize=1200%2C833&amp;ssl=1 1200w\" sizes=\"(max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p data-start=\"269\" data-end=\"452\"><em>Breaking news:<\/em> According to Bessent, U.S. Secretary of the Treasury, since the top 10 wealthiest individuals in the U.S. hold 88% of the stock market, and the next 40% hold the remaining 12%, the <em>bottom 50% of Americans <strong>are not<\/strong> being impacted by the sharp market downturn<\/em>.<\/p>\n<div style=\"width: 480px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-28702-1\" width=\"480\" height=\"270\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/tarifs-1.mp4?_=1\" \/><a href=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/tarifs-1.mp4\">https:\/\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/tarifs-1.mp4<\/a><\/video><\/div>\n<p class=\"\" data-start=\"70\" data-end=\"214\">A misleading and opportunistic pretext, as a stock market crisis inevitably spreads, step by step, to all participants and users of the economy.<\/p>\n<p class=\"\" data-start=\"216\" data-end=\"430\">The argument that only the wealthiest will be affected by market volatility also overlooks the fact that these &#8220;tariffs&#8221; effectively act as a massive tax\u2014one that will harm, first and foremost, the most vulnerable.<\/p>\n<p class=\"\" data-start=\"432\" data-end=\"605\">&#8220;<em>Liberation Day<\/em>&#8221; is, in reality, synonymous with <strong>the largest tax hike in the United States since 1968<\/strong>: a sudden<strong> 22%<\/strong> surcharge on Americans\u2019 taxes, calculated by J.P. Morgan.<\/p>\n<p data-start=\"432\" data-end=\"605\"><img data-recalc-dims=\"1\" decoding=\"async\" data-attachment-id=\"28709\" data-permalink=\"https:\/\/michelsanti.fr\/en\/crise-financiere\/bourses-trump\/attachment\/gnpcuodwgaascqa\" data-orig-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?fit=1170%2C1896&amp;ssl=1\" data-orig-size=\"1170,1896\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"JP Morgan\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?fit=185%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?fit=632%2C1024&amp;ssl=1\" class=\"alignnone size-full wp-image-28709\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?resize=1170%2C1896&#038;ssl=1\" alt=\"\" width=\"1170\" height=\"1896\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?w=1170&amp;ssl=1 1170w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?resize=185%2C300&amp;ssl=1 185w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?resize=632%2C1024&amp;ssl=1 632w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?resize=768%2C1245&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnpCuODWgAASCQA.jpg?resize=948%2C1536&amp;ssl=1 948w\" sizes=\"(max-width: 1170px) 100vw, 1170px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tectonics of global investment are undergoing spectacular upheavals, to the severe detriment of the United States, which is experiencing a full-scale exodus. Foreign investors and speculators are liquidating U.S. assets at the most dramatic level of the CENTURY, accompanied by massive capital outflows being repatriated outside the U.S. Breaking news: According to Bessent, U.S.&hellip;<\/p>\n","protected":false},"author":4,"featured_media":28704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[648942087,648941319,648942755,648942730],"tags":[],"class_list":["post-28702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-protectionnism","category-stock-market-crack","category-tariffs-2","category-trump-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump: on a record-breaking streak - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/protectionnism\/trump-on-a-record-breaking-streak\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump: on a record-breaking streak - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"The tectonics of global investment are undergoing spectacular upheavals, to the severe detriment of the United States, which is experiencing a full-scale exodus. Foreign investors and speculators are liquidating U.S. assets at the most dramatic level of the CENTURY, accompanied by massive capital outflows being repatriated outside the U.S. Breaking news: According to Bessent, U.S.&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/michelsanti.fr\/en\/protectionnism\/trump-on-a-record-breaking-streak\" \/>\n<meta property=\"og:site_name\" content=\"Michel Santi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/michel.santi.economiste\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-05T16:03:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-05T18:02:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2025\/04\/GnmyO8kXIAArtbY.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1470\" \/>\n\t<meta property=\"og:image:height\" content=\"1021\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michel Santi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:site\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michel Santi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/protectionnism\\\/trump-on-a-record-breaking-streak#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/protectionnism\\\/trump-on-a-record-breaking-streak\"},\"author\":{\"name\":\"Michel Santi\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"headline\":\"Trump: on a record-breaking streak\",\"datePublished\":\"2025-04-05T16:03:31+00:00\",\"dateModified\":\"2025-04-05T18:02:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/protectionnism\\\/trump-on-a-record-breaking-streak\"},\"wordCount\":197,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/protectionnism\\\/trump-on-a-record-breaking-streak#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/GnmyO8kXIAArtbY.jpg?fit=1470%2C1021&ssl=1\",\"articleSection\":[\"protectionnism\",\"stock market crack\",\"tariffs\",\"Trump\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/protectionnism\\\/trump-on-a-record-breaking-streak#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/protectionnism\\\/trump-on-a-record-breaking-streak\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/protectionnism\\\/trump-on-a-record-breaking-streak\",\"name\":\"Trump: on a record-breaking streak - 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Trump believes it is necessary to ease U.S. monetary policy to offset the economic impact of his tariff policy. 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In truth, the facts support his argument, as industrial jobs now account for only 10% of employment in the U.S., compared\u2026","rel":"","context":"In &quot;Competitiveness&quot;","block_context":{"text":"Competitiveness","link":"https:\/\/michelsanti.fr\/en\/category\/competitiveness"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Trump.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Trump.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Trump.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Trump.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Trump.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/03\/Trump.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":13614,"url":"https:\/\/michelsanti.fr\/en\/money-creation\/the-real-estate-standard","url_meta":{"origin":28702,"position":3},"title":"The real estate standard","author":"Michel Santi","date":"April 28, 2015","format":false,"excerpt":"At the height of the 2008 financial crisis, the U.S. government seriously considered nationalizing a large chunk of the American banking system. 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The weapon of customs tariffs will always be loaded and ready to be used, but rarely triggered. 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