▲ 245 ▼ Trump Suggests He Can Use the Military on Bond Markets: ‘If We Have To Use That, We Will’ (www.yahoo.com) submitted 8 hours ago by floofloof@lemmy.ca to c/news@lemmy.world 72 comments fedilink hide all child comments
[–] LibertyLizard@slrpnk.net 54 points 7 hours ago (4 children) 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. permalink fedilink source hideshow 8 child comments replies: [–] Zos_Kia@jlai.lu 5 points 2 hours ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] lemmy_outta_here@lemmy.world 4 points 2 hours ago 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. permalink fedilink source parent [–] ianhclark510@lemmy.blahaj.zone 3 points 2 hours ago 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 permalink fedilink source parent [–] Ooops@feddit.org 15 points 5 hours ago (1 child) Is it really an escalation from the already established case of 'wanting to nuke a hurricane'? permalink fedilink source parent hideshow 2 child comments replies: [–] LibertyLizard@slrpnk.net 6 points 5 hours ago 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. permalink fedilink source parent [–] LastYearsIrritant@sopuli.xyz 1 point 3 hours ago You can't imagine what a $2 trillion budget can do to a bond market? permalink fedilink source parent
[–] Zos_Kia@jlai.lu 5 points 2 hours ago (1 child) 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. permalink fedilink source parent hideshow 2 child comments replies: [–] lemmy_outta_here@lemmy.world 4 points 2 hours ago 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. permalink fedilink source parent
[–] lemmy_outta_here@lemmy.world 4 points 2 hours ago 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. permalink fedilink source parent
[–] ianhclark510@lemmy.blahaj.zone 3 points 2 hours ago 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 permalink fedilink source parent
[–] Ooops@feddit.org 15 points 5 hours ago (1 child) Is it really an escalation from the already established case of 'wanting to nuke a hurricane'? permalink fedilink source parent hideshow 2 child comments replies: [–] LibertyLizard@slrpnk.net 6 points 5 hours ago 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. permalink fedilink source parent
[–] LibertyLizard@slrpnk.net 6 points 5 hours ago 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. permalink fedilink source parent
[–] LastYearsIrritant@sopuli.xyz 1 point 3 hours ago You can't imagine what a $2 trillion budget can do to a bond market? permalink fedilink source parent