Samir Arora, founder and fund manager of Helios Capital, said on Sunday that US President Donald Trump undertook an “essential course correction” before an inevitable financial calculation. While recognizing that Trump’s policies can lead to a short and mid-term embarrassment, Arora stressed that such actions are crucial to stabilize the country’s long-term financial health.
The realization came, he said, after recently revised “Empire of Debt: The Rise of A Epic Financial Crisis”, a book he read for the first time 15-20 years ago. By removing him again from his shelf, he found his warnings on the Empire powered by the American debt with hitting today, “20 years after the publication”. He noted that Trump’s efforts – demanding financial contributions from the allies, focusing on domestic priorities and reducing unnecessary military commitments – mirrized the arguments of the book on the dangers of the overexxation of an Empire.
The book, written by financial writers Bill Bonner and Addison Wiggin, predicted that America’s dependence on loan to maintain world domination would ultimately lead to a major crisis. According to Arora, Trump’s policies align with the main message of the book: without intervention, the financial system could collapse under its own weight.
Arora’s remarks suggest that President Trump’s economic and foreign policy measures aim to approach America’s financial vulnerabilities and reduce his imperial excitement.
In his second passage as American president, Trump launched reprisal rates on the majority of his business partners. Its “America First” policy favors American interests on global commitments, putting pressure for the creation of interior jobs and manufacturing. He has also repeatedly criticized NATO allies and other partner countries for not having paid their “fair share” of defense costs.
“Fundamentally, Trump makes a course correction well needed before everything is exploding – can cause short / mid -term pain, but someone has to do what he does,” shared Arora on X.
In the debt empire: the rise of an epic financial crisis, a 2005 book, the authors Bonner and Wiggin argues that the economic and geopolitical trajectory of America is not durable. The authors claim that the United States has lived beyond its means for decades, funding its world domination thanks to massive loans rather than a real creation of wealth. They compare the United States to past empires – such as Rome and Great Britain – which collapsed under the weight of financial excess and military surpassing.
