People are mid-curving this trying to square the circle around revenue and the debt, particularly irksome in Bitcoin where we know you can't taper a ponzi.

This is a currency war.

Gutting the fed is offsetting the income tax and slowing the print relative to foreign currencies, which strengthens the dollar against other fiats. The tariffs further slow the export of dollars, which is a big problem for the rest of the world who's debt is largely denominated in those dollars.

This will create a global debt crisis and defacto jubilee that crushes all other fiats in a necessary step toward Bitcoinization as I've been saying for some time. Dollarization via stablecoins is another prong in this attack.

You'd think it was end of days, based on the news coverage. Our premier in Ontario said a couple weeks ago this will mean 500K job losses in Ontario alone.

I've stopped trying to understand Trump. It's clear he, or his handlers want something. Why not just say it? I've heard 2% GDP on defence. I've read increase border security. Who knows?

My sats are on some type of Euro-style unified North American currency.

I think the big assumption is that revenue must stay at 15-20% of GDP, tariffs won't cover that alone. But maybe a smaller government with less revenue is the direction the US is heading in.

Too early to know how Canada will react to the tariffs, I suspect things will just get more expensive in the coming months.

Yeah, this would only work if spending were cut drastically and I don't see that happening.

Tariffs are not enough. We would need excise and a federal consumption tax to replace income tax