I would very much want to see the same for Canada. But Canada would have to first change it’s open border policy with the chuckle-fucks to the south. Don’t want to give those nut-jobs an easy round-about into the EU. MAGALAND --> CANADA --> EU
That’s not how markets work.
But you’re clearly a troll just being intentionally obtuse for shits and giggles. It’s on me for not having realised it earlier.
Have a good day.
Dumping their bonds into the market isn’t cancelling their debt. Its making all that debt available for OTHERS to buy. Supply goes up, value goes down.
In other words, if all of the US debt was out up for sale at the same time, is value of the US dollar would crater.
I don’t think you understand how inflation works…
What experrs? American experts?
They’re kind of forgetting the big elephant in the room that is the fact a lot of US foreign debt is owned by Japan and China, with the majority of the rest of it being held by countries that will be very very pissed off with this move.
If trump is stupid enough to pull the trigger, and those countries decide that a potential physical war is becoming inevitable, they’ll for sure dump all of that debt, all at once; killing the US economy and it’s ability to make war. War needs fuel. Despite Venzuela, Trump won’t have enough of it once his economy tanks.
That has nothing to do with Canada or any one particular country, jack ass. That’s just late stage capitalism. Billionaire class slowly but surely, generation after generation, increasing the gap and fucking over the little guys. Every generation gets worse, and now, globally, we’re living in the age when all of that shit since Reagenomics hit the scene has now started to come home to roost.
Saying that that is a “Canadian” problem is like saying that climate change is a “Canadian” problem. Yes…technically it is, but it’s also a US problem, a UK problem. A French, German and Italian problem. Because the over-arching problem has nothing to do with countries, but with the elites that pay for those governments the world over to do their bidding while fucking the rest of us over.
Stop being an idiot.