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-square34fedilinkarrow-up1332arrow-down10cross-posted to: news@lemmy.world
arrow-up1332arrow-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-square34fedilinkcross-posted to: news@lemmy.world
minus-squareayyy@sh.itjust.workslinkfedilinkEnglisharrow-up1·8 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-28 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.
minus-squareNotSteve_@piefed.calinkfedilinkEnglisharrow-up19·1 day agoThat’s the nuclear bomb that I think every country is holding off using (for now)
minus-squareredsand@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up9arrow-down3·1 day agoThat would be an embargo. This is more Akim to sustained shelling between friends.
minus-squareEldenLord@lemmy.worldlinkfedilinkEnglisharrow-up5·14 hours agoMaybe, but selling bonds would hurt the US more than other countries because of their high federal debt (if I‘m not mistaken).
minus-squareredsand@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·13 hours agoAmong other reasons yes. Canada lead original sell off will likely accelerate and obliterate 10 year bonds.
Sell USA bonds.
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.
That’s the nuclear bomb that I think every country is holding off using (for now)
That would be an embargo. This is more Akim to sustained shelling between friends.
Maybe, but selling bonds would hurt the US more than other countries because of their high federal debt (if I‘m not mistaken).
Among other reasons yes. Canada lead original sell off will likely accelerate and obliterate 10 year bonds.