The Thērion and you – the Day the Dollar Dies, Part IV

On the day the dollar dies, a fiscal holocaust could erupt.

An unprecedented “shock to global trade… unlike anything seen in history” engulfed the world beginning in Week 12 of the second Trump administration. In early April 2025. alarm bells sounded as the U.S. stock market tanked, then surged, then tanked again on the news of harsh tariffs levied by President Donald Trump. Markets across the globe were hurdled into bedlam and chaos.

On the day the dollar dies, a fiscal holocaust could erupt.Alarmingly, a new and potentially devastating fiscal abyss unexpectedly cracked open, sending fresh shock waves surging across borders. The stability of formerly rock-solid U.S. equities – particularly U.S. Treasury notes – suddenly came into question.

As discussed earlier in this series, the first 100 days of the Trump administration rocked critical international relationships in a way previously unseen. From a biblical perspective, America has been over many decades a true safe haven for promoting world stability and also for ensuring extraordinary levels of religious freedom. But as chronicled further below, that trusted reputation was seriously damaged during a 10-day period in early April.

Why does this matter?

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The Thērion and you, Brace for Impact? Part II

After diplomatic cacophony in the Oval Office, is an era of darkness and irrelevancy settling on the European Continent or something else?

Diplomatic hubris descended into Oval Office cacophony on Feb. 28, 2025, as a stunned global audience looked on aghast, tensed up to brace for impact. “You don’t have the cards,” barked President Donald Trump to Ukrainian President Volodymyr Zelenskyy, wrapping up a free-for-all pile-on from administration officials. Hopes of a deal for security guarantees and peace instantly vanished, all-but-scuttled for the time being.
After diplomatic cacophony in the Oval Office, is an era of darkness and irrelevancy settling on the European Continent or something else?
After diplomatic chaos in the Oval Office, is an era of darkness and irrelevancy settling on the European Continent — or something else? (iStock)

A planned staged show of unity collapsed disastrously into chaos, with diplomatic and economic shock waves rolling out of D.C. and across the globe. After a brief pause and no possibility of a signed agreement for Ukrainian minerals, Zelenskyy was asked to leave by Secretary of State Marco Rubio, once an advocate for the Ukrainian President.

“The free world needs a new leader”

How bad was the reaction from long-time allies? “Today, it became clear that the free world needs a new leader,” said Kaja Kallas, the EU’s top diplomat, quoted in Bloomberg. “It’s up to us, Europeans, to take this challenge.”

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