Looking at Trump’s America in 2025, i find that there are remarkable and surprising similarities to Romania’s financial situation in the 1990s. Both periods feature political figures becoming involved with risky financial schemes. The new Trump cryptocurrency token, i for example essentially a digital currency bearing his name, has reached a market value of 10 billion dollars in just two days, with its price rising from 10 to 74 dollars before settling at 33 dollars. A related project, World Liberty Financial, has also raised 300 million dollars.
The parallels with Romanian pyramid schemes are notable. In the 1990s, an organization called Caritas promised 800% returns over three months. Political figures either supported these schemes or remained silent while people invested their savings. Similarly, people are now investing in the Trump token based on political trust rather than underlying value.
The key difference is in potential impact. When Romania’s schemes collapsed, the damage was contained within national borders. Modern cryptocurrency markets are globally interconnected - a significant collapse could affect international financial systems. The same basic pattern of mixing political influence with unregulated financial products is repeating, but with more sophisticated technology and broader reach. The speed and scale of the Trump token’s growth suggests potential risks that could extend far beyond what occurred in Romania.
