35,500 billion euros is the total amount of European savings. It's also the level of US federal debt. In twenty years, that debt has gone from 5% to 123% of GDP, generating an interest burden of 881 billion dollars - or 100 million every hour! Meanwhile, a tech bubble has masked the systemic cracks. Since 2010, the 'Magnificent 7' (Apple, Microsoft, Amazon, Alphabet, Meta, Tesla, Nvidia) have accounted for 40% of the US stock market’s performance, with a stock growth of over 27,000%! Above-ground growth, disconnected from any real utility. Need proof? Despite all this money, the mere arrival of Chinese competitor DeepSeek on the GenAI market caused a 17% plunge in Nvidia's share price, alerting the financial world to the imminence of a bursting tech bubble with potentially catastrophic consequences. Blaming tariffs alone for the storm currently sweeping through U.S. stock markets? A convenient excuse. Is the stock market crash of 2025 a new global financial crisis? Probably not: just as the Euro-Russian war over Ukraine will not turn into a world war, the American financial crisis of 2025, despite Trump's efforts to dress it up and extend it to the rest of the world via the "tariff war" [...]