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*How can anyone take the US seriously? Also see: https://www.bbc.com/news/articles/c5yrr0e7499o https://www.bbc.com/news/articles/c5yrr0e7499o > Confidence in
by lysace 2y ago
*How can anyone take the US seriously?
Also see: https://www.bbc.com/news/articles/c5yrr0e7499o https://www.bbc.com/news/articles/c5yrr0e7499o
> Confidence in the US economy is plummeting as investors dumped government debt amid growing concerns over the impact of Donald Trump's tariffs.
> Governments sell bonds - essentially an IOU - to raise money from financial markets for public spending and in return they pay interest.
> The US does not normally see high interest rates on its debt as its bonds are viewed as a safe investment, but on Wednesday rates spiked sharply to touch 4.5%
- jeetoid 2y agoAny reasonable person does.
- meepmorp 2y ago> How can anyone take the US seriously? we can wipe out humanity if we get cranky
- lysace 2y agoYeah, Trump, Putin and Xi Jinping can do that "if they are cranky". The reasonable world doesn't take Russia or China seriously. US is about to be added to that list. Also, we're now busy building nukes. Morons.