cosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 4 days agoCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comexternal-linkmessage-square46linkfedilinkarrow-up1411arrow-down10cross-posted to: news@lemmy.worldeurope@feddit.org
arrow-up1411arrow-down1external-linkCalls grow louder for Europe to deploy its ‘Big Bazooka’ in tariff negotiationswww.irishtimes.comcosmicrookie@lemmy.world to World News@lemmy.worldEnglish · 4 days agomessage-square46linkfedilinkcross-posted to: news@lemmy.worldeurope@feddit.org
minus-squareNotSteve_@piefed.calinkfedilinkEnglisharrow-up21·4 days agoThat’s the nuclear bomb that I think every country is holding off using (for now)
minus-squareredsand@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up10arrow-down3·edit-22 days agoThat would be an embargo. This is more akin to sustained shelling between friends.
minus-squareEldenLord@lemmy.worldlinkfedilinkEnglisharrow-up6·3 days agoMaybe, but selling bonds would hurt the US more than other countries because of their high federal debt (if I‘m not mistaken).
minus-squareredsand@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·3 days agoAmong other reasons yes. Canada lead original sell off will likely accelerate and obliterate 10 year bonds.
That’s the nuclear bomb that I think every country is holding off using (for now)
That would be an embargo. This is more akin to sustained shelling between friends.
Maybe, but selling bonds would hurt the US more than other countries because of their high federal debt (if I‘m not mistaken).
Among other reasons yes. Canada lead original sell off will likely accelerate and obliterate 10 year bonds.