Krystal Ball

He likes to jump in with some interesting financial analysis because that is part of his

And so in reaction to this story of a likely currency swap line for the UAE in this bailout, he says this.

Let's put this up on the screen.

He says swaps given to prevent disorderly sale of U.S.

assets, meaning treasuries.

Translation, some holders can't sell in case you don't know.

Hidden single-digit percent sale cap limits some institutional holders.

Door closes if things escalate, get out while open.

Their front line is the yield curve.

Okay, so what does all of that mean?

Basically, what he's pointing to is the fact that this administration –

and sort of has to watch the bond market very closely.

Because if you're having to offer a higher interest rate to lure people in to buy treasuries, what does that mean?

It means our borrowing costs escalate.

It's a financial catastrophe for us.

So we've seen previously, especially with regard to the tariffs, that Trump is very sensitive

to movements in that yield curve.

That's why it says their frontline is the yield curve.

Okay, how does that connect to UAE?

Well, there's a couple of sort of both overt and more subtle threats that the UAE made.