IPOs are being pulled. Investors are freezing capital. The economy is stalling out—and we haven’t even felt the full shock yet. A flood of newly unemployed federal workers is about to hit the job market, deepening what’s shaping up to be a brutal recession.
Meanwhile, in the “weird but true” column: the Nintendo Switch 2 is delayed due to tariffs. The TikTok deal is on ice. Side effects of sabotage, sure—but far from the main event.
Here’s what’s actually happening:
• The Fed can’t cut rates—too much inflation, too little room to act
• Trump fired the head of the NSA
• Regulatory agencies are being stripped of power
• Federal grants frozen by EO
• Dogecoin granted access to government payment systems
• Executive order to end birthright citizenship
• USAID shut down
• Healthcare and affordable drug/insulin policies rolled back
• WHO withdrawal
• NIH funding slashed
• Department of Education targeted for dismantling
• Pell Grants and student loans cut
• EPA protections gutted
• Paris Climate Accord abandoned
• Clean energy and sustainability projects defunded
• Small business support slashed
• DEI initiatives erased
• Federal investigations into transgender athletes launched
Tourism? Cratering. Canadian flights down 70%, land crossings down 45%. Airlines slashing routes, hotels squeezed by skyrocketing material costs due to tariffs. Every economic sector is taking hits.
This isn’t conservative policy. It’s not reform. It’s a $6 trillion self-inflicted collapse—markets down $6.4 trillion in two days.
Call it what it is: coordinated #sabotage.