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-up1416arrow-down10cross-posted to: europe@feddit.orgnews@lemmy.world
arrow-up1416arrow-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: europe@feddit.orgnews@lemmy.world
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.