The largest chunks of US bonds are held by nations, so I think the subtext is that if any nation starts dumping bonds to hurt the US economy he may consider it a casus belli. Basically forcing them to hold the bag at gunpoint. This is a dream situation for a conman like him.
This is what he means. In fact, I think he is specifically referring to Canada. The first time Trump brought in tariffs, Carney initiated a little bond market run, causing him to back down. It was the first “CO” in TACO. Trump has been bristling since then.
I hate how the headline tries to trivialize the fact that America is threatening to attack its former allies on the basis of trade irritations. This guy is fucking mental.
This is insane even for Trump. What would a military intervention in the bond market even mean?
My guess is this is just dementia related word salad.
Marching into the stock exchange and telling people what the numbers should be, probably…no, almost certainly. 😦
The largest chunks of US bonds are held by nations, so I think the subtext is that if any nation starts dumping bonds to hurt the US economy he may consider it a casus belli. Basically forcing them to hold the bag at gunpoint. This is a dream situation for a conman like him.
This is what he means. In fact, I think he is specifically referring to Canada. The first time Trump brought in tariffs, Carney initiated a little bond market run, causing him to back down. It was the first “CO” in TACO. Trump has been bristling since then.
I hate how the headline tries to trivialize the fact that America is threatening to attack its former allies on the basis of trade irritations. This guy is fucking mental.
Damn I didn’t consider that but it makes some sense. What a fucking monster.
and here I was hoping he would sell some nice military surplus gear to buy them back
Maybe he just watched Beverly Hills Cop 2 and wants to steal a bunch of bearer bonds.
A lot of shit seems to have happened after Trump watched a movie over the weekend. What a stupid state of affairs we are in.
Big if true. Make him watch Disney and Star Trek if true.
My translation is: if people keep complaining about whatever bonds are we can invade Greenland or Uzbekistan or Herd Island.
Is it really an escalation from the already established case of ‘wanting to nuke a hurricane’?
Yes. I mean that’s very insane but frankly not even as insane as nuking a populated area. Let alone an intangible concept like a market.
he’s willing to blow up a school to distract from his star role in the Epstein Files.
now he’s going to blow up a bank to distract from his economic fuckup
Ol’ reliable: issue $1,000,000,000,000,000 in fascist funny bonds and invade Canada.
You can’t imagine what a $2 trillion budget can do to a bond market?