8 ms·
they carved because most of those places want access to the 'yuuuge' US market. politics vs reality. they could correct though by selling US treasuries - but t
by dzonga 2mo ago
they carved because most of those places want access to the 'yuuuge' US market.
politics vs reality. they could correct though by selling US treasuries - but that would make the world economy sneeze which might result in pneumonia.
- fifilura 2mo agoThe parent point is that the response should have been done collectively. USA market is "yuuge", but rest-of-the-world market is much much bigger.
- 2OEH8eoCRo0 2mo agoUS treasuries sound risky in a sense that if you accumulate them they become a crisis when you choose to sell.