cosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 5 days agoCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comexternal-linkmessage-square15linkfedilinkarrow-up1225cross-posted to: news@lemmy.world
arrow-up1225external-linkCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comcosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 5 days agomessage-square15linkfedilinkcross-posted to: news@lemmy.world
minus-squareayyy@sh.itjust.workslinkfedilinkEnglisharrow-up1·5 days 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-25 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.
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.