Americans: the low interest rates, and easy borrowing which have come with having the rest of the world decide to buy US government debt may well come to an end as a result of Trump’s threatening to invade a European country. This will have huge ripple effects over time, driving up the cost of housing, and making jobs scarcer.

    • StinkyFingerItchyBum@lemmy.ca
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      23 hours ago

      More than bonds. All US financials are poisoned. Does anyone think the US is going to sell more doodads around the world as they set up concentration camps at home and go on conquest binge abroad? Governments and citizens are abandoning US tech. Trade wars are hurting US goods marketability. US equities are lead anchors, and the chain just broke. USD is going to be a pariah. Get out while you can. Don’t be the one left holding the bag.