After Trump's Return from Beijing… and the Collapse Begins from WithinWhat happened in the past few hours is more dangerous than the failure of the visit itself…The American market lost 1.2 trillion dollars in one day
Bond yields rise to their highest levels in a year
And the message has arrived: the cost of war has begun to be reflected within the economy
But the most dangerous? Not the numbers… but the speech
Trump says it explicitly before the China visit: I don't care about the financial situation of Americans… (a little pain is good)!
This isn't a slip… but an implicit admission: the administration is prepared to burden the home front with the cost of the confrontation with Iran
In return… Tehran reads the scene accurately: it strikes at the pain points (debts, interest rates, fuel) and realizes that time is working in its favor
The result unfolding now:
• External failure in Beijing
• Escalating internal economic pressure
• Political rhetoric that increases anxiety instead of calming it
Trump is no longer facing just an external crisis… but a more dangerous equation: how to manage a costly war… an eroding economy… and a street that has begun to feel the pain??
The battle has moved from Hormuz… to Wall Street
And from power calculations… to the American home front's capacity to endure
And whoever loses the home front… does not win the external one
Makkawi Elmalik
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