bravesirthomas

joined 1 week ago
[โ€“] bravesirthomas@lemm.ee 31 points 13 hours ago (1 children)

Not really, he backed down on tariffs last week thanks to Canada and Japan. The truth is, Trump has put the US into a very, very precarious position. They have a lot of debt to refinance soon, and if the rest of the world wanted to, they could dramatically increase the interest rates paid on that by coordinating a sell-off of US debt.

[โ€“] bravesirthomas@lemm.ee 22 points 1 week ago (1 children)

I wouldn't say all of them are in turmoil, the US markets have been hit about twice as hard. And most of my European stocks actually went up today.

Lol