Notes in the Margin

Rising yields (highest since 1999) could force Japan to sell US Treasurys to service its own debt. This would then fuel higher interest rates for US debt as well. 

The Mail reports Trump has asked the Joint Special Operations Command to come up with an invasion plan, but the joint chiefs are resisting because they believe an invasion would be illegal and lack congressional support.

President Trump has told The New York Times that he expects to “run” Venezuela for many years following the US attack on Caracas to abduct President Nicolas Maduro.

“Let’s be clear: President Trump’s claim that the U.S. government collected $600 billion from tariffs in 2025 is incorrect,” The true amount is closer to $289 billion. 

"If Donald Trump goes forward, the status of the US will go from adversary or rival to the one of enemy," [French Prime Minister] Villepin stated. "It'll be a huge historical change."

The Constitution already grants far too much power to the central government. But Trump can't even be bothered with his oath to uphold the Constitution's few limits on war-making powers.  

Never forget that the Federal Reserve is a tool of central planning, in a style similar to any socialist state. 

America has declared Latin America to be in the USA's sphere of influence. Yet American "elites" also pretend that the idea doesn't exist if any other country invokes it. 

Contrary to what most Americans seem to think. the essence of the Monroe Doctrine was a firm declaration to oppose European colonization of the Americas.

Trump has declared elections to be out of the question, and instead says he expects to send troops to occupy Venezuela.