cosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 2 months agoCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comexternal-linkmessage-square46fedilinkarrow-up1415arrow-down10cross-posted to: [email protected][email protected]
arrow-up1415arrow-down1external-linkCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comcosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 2 months agomessage-square46fedilinkcross-posted to: [email protected][email protected]
minus-squareqaz@lemmy.worldlinkfedilinkEnglisharrow-up9·edit-22 months 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.