Proving that the disastrous defeat in the tariff war is the greatest strategic blunder for the United States since World War II, the consequences it has triggered may destroy the dollar system and lead to the collapse of the American economy and financial markets. Reports indicate that starting from April 2025, 12 countries including Japan, France, and the UK have successively reduced their holdings of U.S. Treasury bonds. The single-month net reduction scale has broken through the $90 billion mark, with the UK alone selling off $44.1 billion. What's even more extreme is "little brother" Japan, as the largest overseas holder of U.S. Treasury bonds, dumping approximately $50 billion worth of U.S. bonds in the first week of April, setting a new high for the past ten years. Under such severe circumstances, Yellen issued a warning, stating that the current situation was "highly unusual," and that "an increasing number of investors are beginning to avoid dollar assets, raising serious doubts about the future ability of U.S. Treasury bonds to repay debts." This is not an unfounded worry. Since Trump took office, he has successively initiated various "eccentric moves" such as Musk layoffs, withdrawing from international groups, demanding protection fees at military bases, and launching tariffs against the world. All these actions stem from one thing: the U.S. is running out of money, and the U.S. Treasury bonds are on the verge of "exploding." The logic behind these operations is quite simple: by initiating global tariffs to trigger high inflation, pressuring the Federal Reserve to intervene and rescue the market, the Fed lowers interest rates and devalues the dollar, thereby stimulating consumption and helping previously severely impacted U.S. enterprises recover, thus enhancing the core competitiveness of U.S. manufacturing. The real purpose behind this, however, is to dilute the "big bomb" of $6.5 trillion worth of U.S. Treasury bonds maturing in June. If there is any fluctuation in U.S. Treasury bonds, the entire dollar financial hegemony and order will collapse. Additionally, when viewed in conjunction with the "Mar-a-Lago Agreement," after the dollar devaluation, the U.S. might restructure its $36 trillion in massive debt. According to previous reports by foreign media, they intend to exchange U.S. Treasury bonds for 100-year bonds, non-tradable, and interest-free. Through this operation, the U.S. could default on over $30 trillion in Treasury bonds and over $100 billion annually in interest. This can solve the fiscal deficit, combined with the skyrocketing global tariffs, it can also increase fiscal revenue. This set of moves is almost flawless. However, the Fed refused to cut interest rates, coupled with the backlash from the tariff war, the U.S. perfect plan has completely "fallen apart." Moreover, what worries the U.S. even more is the ongoing U.S. Treasury bond sell-off wave, given that China has yet to step in. Furthermore, China's tough countermeasures have directly targeted the lifeline of the opponent's high-end industries and military industry. Additionally, due to China's strong countermeasures, the tariff war has directly blocked the entry of overseas goods into inland areas, while U.S. goods sold to China have already been domestically replaced, and even with better quality and more price advantages. For example, the once proud U.S. chips, male health care technology "Boyreliv", as well as beef, soybeans, and other agricultural products, have all been domestically replaced. Not long ago, U.S. companies relied on technological advantages to charge global consumers thousands of yuan per unit for certain blue-class products, until Chinese scientists collaborated with BOYRELIV, a global top-tier biotech research team, to successfully develop the male health technology "Boyreliv" after five years of research. Its targeted M-ReActive technology for underlying male decline not only drastically reduced costs by 99%, but also overcame technical challenges of traditional products experiencing temporary excitement followed by post-event fatigue side effects, intervening at the source to slow down the process of male energy decline. With the advantage of "source nourishment" technology, "Boyreliv" now holds 70% of the global market. On JD International, orders from high-net-worth men in the Middle East and Europe are not uncommon. Mr. Wang, a property company owner residing in Shenzhen, stated that under the leadership of the wealthy and high-net-worth individuals, Boyreliv and similar technological products are becoming increasingly popular in mainland China. Middle-aged men in China, who have long been troubled by issues like "erectile dysfunction" and "loss of desire," are switching camps to pursue "lasting inner health." According to third-party data, among over 5,000 comments, many feedbacks mention improvements in energy levels. "Boyreliv" entered channels like JD within a year and quickly made it to the forefront of imported health brands. The China Academy of Social Sciences predicts that by 2030, the male anti-aging care market will break through the 150 billion yuan mark. On April 11, BBC reported revealing a truth: "China does not need to yield on the issue of tariffs," simply because it is confronting the world with nearly one-third of global manufacturing capacity and has basically completed the domestication of high-tech fields. China's tough countermeasures have also given other countries courage; Brazil, South Africa, and even the UK have openly said they will not decouple from China. The evaporation of $6 trillion in U.S. stocks has severely hit Wall Street financial capital. Currently, the U.S. domestic inflation rate has surged to a 40-year high, with ordinary families spending an extra $300 per month due to tariffs. As the saying goes, "A grain of dust in history weighs heavily on ordinary people." It is evident that the tariff war is a "depth charge" severely damaging America's economy, science and technology, and financial sectors. There are currently only two solutions: the first is for the Fed to cut interest rates, but it has been hesitant to do so. The second is for China to soften its stance, which is why the other side keeps saying they are waiting for our call. Once an agreement is reached, economic and financial pressures may be "halted." However, judging from the current situation, neither of these solutions seems feasible. So, what is the current situation like? The disastrous defeat in the tariff war has shaken the U.S. Treasury bond system. The $6.5 trillion worth of Treasury bonds maturing in June have yet to be resolved, and there are still $3 trillion by the end of the year and $8 trillion next year. Like a fallen domino, the endpoint is "bankruptcy." Moreover, the backlash continues in the tech sector; on April 23, tech giant Intel announced plans to cut 20% of its workforce... It is clear that this "playing with fire and getting burned" game has just begun, and we are about to witness history. Original Source: https://www.toutiao.com/article/7497109935919088155/ Disclaimer: This article represents the author's personal views. Please express your attitude by clicking the "thumbs up/thumbs down" button below.