cosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 4 days agoCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comexternal-linkmessage-square46fedilinkarrow-up1407arrow-down10
arrow-up1407arrow-down1external-linkCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comcosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 4 days agomessage-square46fedilink
minus-squareqaz@lemmy.worldlinkfedilinkEnglisharrow-up8·edit-23 days agoThat’s the point. Dumping US bonds on the market lowers their price, forcing the US to renegotiate at a higher interest rate. When aquaman is the only buyer, the US is fucked due to their enormous debt.
That’s the point. Dumping US bonds on the market lowers their price, forcing the US to renegotiate at a higher interest rate.
When aquaman is the only buyer, the US is fucked due to their enormous debt.