Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump
Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
You're viewing a single thread.
It’s not fucking “strange”.
It’s Canada, Japan, the EU, and our other former allies retaliating against the US trying to use absolutely asinine and ham-fisted tariffs as a cash grab/shakedown by engaging in strategic retaliatory fiscal policy.
This is actual 4D geoeconomic chess. Because if orangeboi doesn’t listen and they keep going, the USD standard goes away.
This is the fully realized American Exceptionalism mindset. Trump thought the entire world was going to bend over backwards to deal with us because the USA is so great and awesome they had no choice.
It's also American business interests losing faith in fascist America. Stupid ideas have painful consequences.
You say that like Brexit wasn't the most successful political victory in the history of the world.
And you say that like there were no painful consequences to brexit
Yeah /s
Beat me to it. ;)
lol I didn’t need the /s
Interesting that Carney was opposed to brexit but managed their central bank through it (as the first foreigner to run it, they wanted him that much) and now is part of, if not coordinating, the fuckyoudonny group of leaders selling their us bonds. Dude seems mild but should scare the shit out of the GOP.
Snort that propaganda long enough youre bound to do something stupid
The wealthy are no longer constrained by borders, so they don't actually care if the US hegemony fails. They have investments all over the world.