@[email protected] to [email protected] • 2 months agoStrange sell-off in the dollar raises the specter of investors losing trust in the US under Trumpapnews.comexternal-linkmessage-square38fedilinkarrow-up1140cross-posted to: [email protected][email protected]
arrow-up1140external-linkStrange sell-off in the dollar raises the specter of investors losing trust in the US under Trumpapnews.com@[email protected] to [email protected] • 2 months agomessage-square38fedilinkcross-posted to: [email protected][email protected]
minus-squareDr. BoblinkfedilinkEnglish1•2 months agoYou are correct. “Bankrupt” is a little strong. But selling existing bonds back into the market while the U.S. is trying to issue new debt would not be great for America. I think dollar devaluation is 100% in the cards.
You are correct. “Bankrupt” is a little strong. But selling existing bonds back into the market while the U.S. is trying to issue new debt would not be great for America. I think dollar devaluation is 100% in the cards.
It’s already down like 8% ytd