China has called Trump's bluff and for now he has paused the tariff fiasco to focus on China but the rest of the world see him dealing in the open. There is no going back from this. No one will trust the US with a contract or trade. They will conclude all current business dealings as quickly and a quietly as possible and then pick up with ANYONE ELSE but the US.
This entire world economy was founded by and for the benefit of the US consumer post ww2. No longer.
Re: The Titanic thread
Posted: Wed Apr 09, 2025 6:57 pm
by Dr Strangelove
Re: The Titanic thread
Posted: Wed Apr 09, 2025 7:24 pm
by Dr Strangelove
Told ya, the bond market will not suffer fools and US treasuries are going to evaporate.