With Donald Trump about to plunge the entire world into economic chaos this week, it took a carefully-launched plan from Canada’s Prime Minister to get Trump to at least pause most of his madness. So how did he do it? Well, hitting hard on the United States’ Achilles Heel, the U.S. debt. Carney didn’t do it alone, of course, but he’s the one, not the Chinese as I’d originally thought, who co-ordinated with EU countries and Japan to force Trump to capitulate.
Adam Mockler at MeidasTouch recounts the Dean Blundell substack how it all likely went down, and why Trump folded like the cheap suit he is.
Sometimes it helps when your Prime Minister was also at one time the Governor of the Bank of Canada and then the Governor of the Bank of England and understands Economics at an extremely high level.
Source: Dean Blundell Substack
Let’s talk about the moment Donald Trump blinked. It wasn’t loud. It wasn’t a tweetstorm or a rally rant. When the tariff threats that had the world on edge—125% on China, 25% on Canada’s autos, a global trade war in the making—suddenly softened. A “pause,” he called it. A complete turnaround from the chest-thumping of the past week. And the reason? Mark Carney and a slow, deliberate financial maneuver that most people didn’t even notice: the coordinated Treasury bond slow bleed.
This wasn’t about bravado. It was about leverage. Cold, calculated, and devastatingly effective.
