cosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 1 day agoCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comexternal-linkmessage-square29fedilinkarrow-up1342arrow-down10
arrow-up1342arrow-down1external-linkCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comcosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 1 day agomessage-square29fedilink
minus-squareayyy@sh.itjust.workslinkfedilinkEnglisharrow-up1·13 hours agoSell the housesbonds to whom, fucking aquaman? (But really, who wants to buy bonds from a country with absolutely zero rule of law?)
minus-squareqaz@lemmy.worldlinkfedilinkEnglisharrow-up4·edit-213 hours 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.
Sell the
housesbonds to whom, fucking aquaman? (But really, who wants to buy bonds from a country with absolutely zero rule of law?)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.