I saw a Douyin content creator's analysis that US stocks are bound to crash, I'd like to ask what everyone thinks

I saw a content creator analyzing the core relationship between the US dollar, US Treasury bonds, and US stocks. He pointed out that the dollar is the foundation, while Treasury bonds and stocks are its by-products. The three coexist, but US stocks are most likely to be sacrificed in a crisis. Currently, the scale of US Treasury bonds exceeds 38 trillion dollars, and yields remain high. When the economy weakens, priority will be given to protecting the dollar and Treasury bonds.

The Core Relationship Between USD, US Treasuries, and US Stocks
The Core Position of the USD:
The USD is the foundation of US Treasuries and US stocks. If the dollar collapses, Treasuries and stocks cannot exist.
US Treasuries are the anchor of the dollar's credit system. A collapse of Treasuries would cause problems for the dollar system; the two have a symbiotic relationship.
The Role and Risk of US Stocks:
US stocks are a reservoir for dollar liquidity. Global capital chasing US stocks supports demand for the dollar.
US stocks are most likely to be sacrificed in a crisis because the dollar has multiple supports, while stocks are just one of them.

Current Pressures on US Treasuries and the USD
Issues with Treasury Scale and Yields:
The current scale of US Treasuries exceeds 38 trillion dollars, with a massive debt burden and persistently high yields.
Treasuries must be protected, which is an important reason for calling for interest rate cuts.
The Imperative to Protect the USD:
The USD is the foundation of America's financial standing. As a major import-consuming nation, the US must ensure dollar stability.
The only way to simultaneously protect the dollar, Treasuries, and stocks is to maintain strong economic growth.

The Logic of a US Stock Market Crash
Trade-offs When the Economy Weakens:
When the economy weakens, priority will be given to protecting the dollar and Treasuries. US stocks may be sacrificed to clear risks.
Currently, US stocks are at high levels, and fluctuations in economic data could trigger a stock market crash.
What do you think?