• NotSteve_@piefed.ca
    link
    fedilink
    English
    arrow-up
    21
    ·
    6 months ago

    That’s the nuclear bomb that I think every country is holding off using (for now)

    • redsand@lemmy.dbzer0.comBanned
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      3
      ·
      edit-2
      6 months ago

      That would be an embargo. This is more akin to sustained shelling between friends.

      • EldenLord@lemmy.world
        link
        fedilink
        English
        arrow-up
        6
        ·
        6 months ago

        Maybe, but selling bonds would hurt the US more than other countries because of their high federal debt (if I‘m not mistaken).

        • redsand@lemmy.dbzer0.comBanned
          link
          fedilink
          English
          arrow-up
          3
          ·
          6 months ago

          Among other reasons yes. Canada lead original sell off will likely accelerate and obliterate 10 year bonds.