cosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 1 年前Calls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comexternal-linkmessage-square46fedilinkarrow-up1414arrow-down10cross-posted to: europe@feddit.org
arrow-up1414arrow-down1external-linkCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comcosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 1 年前message-square46fedilinkcross-posted to: europe@feddit.org
minus-squareNotSteve_@piefed.calinkfedilinkEnglisharrow-up21·1 年前That’s the nuclear bomb that I think every country is holding off using (for now)
minus-squareredsand@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up10arrow-down3·edit-21 年前That would be an embargo. This is more akin to sustained shelling between friends.
minus-squareEldenLord@lemmy.worldlinkfedilinkEnglisharrow-up6·1 年前Maybe, 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-up3·1 年前Among other reasons yes. Canada lead original sell off will likely accelerate and obliterate 10 year bonds.
minus-squareayyy@sh.itjust.workslinkfedilinkEnglisharrow-up3·1 年前Sell 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-up9·edit-21 年前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.
Sell USA bonds.
That’s the nuclear bomb that I think every country is holding off using (for now)
That would be an embargo. This is more akin 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.
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.