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US long-term debt sells off after attempted firing of Fed governor
- jleyank 1y agoRising bond interest rates and falling value of the USD suggests a worldwide disinterest in things US-ian. Financial market instability isn't good for the HN audience, nor the normies watching retirement account balances. How many currencies are large enough and liquid enough to be a reserve currency. What might happen if the US is not interested in playing this role? Do they understand or care what will happen when, say, oil is denominated in a different currency?
- jqpabc123 1y agoThe emperor's end game is a national credit default. This has always been a significant part of his personal business strategy. Those who think this will somehow benefit them will be forced to learn otherwise the hard way --- after the fact.
- mitchbob 1y agohttps://archive.ph/ndWQk https://archive.ph/ndWQk