Mario Nawfal – X, Released on 7/2/25

00:06 – About the B.B.B.: “is a lot more than tax cuts.”
02:30 – “The Projections take no assumption of economic growth”, Lacalle points out the disregard of the Laffer Curve.
05:00 – If the deficit doesn’t curb? “The confidence in the U.S. dollar will be destroyed.”
06:43 – “The U.S. uses tariffs as it uses Nuclear Weapons.”
9:59 – The New Green Deal? Same results as Roosevelt’s New Deal (and that’s not a compliment).
12:19 – U.K. Conservatives are not delivering on the Brexit promise.
14:13 – What about China? “China’s potential is hindered by central planning.”
17:15 – “Socialism of the 21st Century is the experiment, not what Milei is doing.”
20:31 – “Democracy is used to impose Authoritarianism.”
21:57 – Elon may have overreacted a bit.
25:26 – Lacalle sees this as a new beginning: “This bill starts the process of bringing the economy back to the private sector.”

🚨🇺🇸 69 𝕏TRA MINUTES: TOP ECONOMIST DROPS TRUTH BOMB ON BIG BEAUTIFUL BILL: “THIS IS JUST THE BEGINNING.”@dlacalle_IA breaks down the urgency of the B.B.B. and how it could start healing the economy, while calling out the left’s lack of foresight and highlighting what many… https://t.co/jDOtMLsgES pic.twitter.com/jWXdm9okwA

— Mario Nawfal (@MarioNawfal) July 2, 2025

Daniel Lacalle, PhD, economist and fund manager, is the author of the bestselling books Freedom or Equality (2020) and Escape from the Central Bank Trap (2017). He is a professor of global economy at IE Business School in Madrid and Chief Economist at Tressis SV. Ranked as one of the top twenty most influential economists in the world in 2016 and 2017 by Richtopia, he holds the CIIA financial analyst title, with a postgraduate degree in higher business studies and a master’s degree in economic investigation. He is a member of the advisory board of the Rafael del Pino Foundation and Commissioner of the Community of Madrid in London. His work can be found here.

  big beautiful bill, Daniel Lacalle, economy, Trump