The leading candidate of the Republican Party having three indictments might have a little something to do with it too
And repeated episodes of brinksmanship by the same party.
This is like a slap on McCarthy’s wrist, though a pretty good one.
deleted by creator
The US has shown that they don’t give two shits about rules. They say they can’t default on debt, but I guarantee you they’ll think of some bullshit way to do it if they have to. Probably by saying the party they owe to is the devil and they can’t “in good conscience” continue funding them or something like that, or find some excuse to sanction them and “oh well we’re terminating this loan without returning it, sorry, our hands are tied because we sanctioned you.”
I mean, isn’t China still their biggest credit buyer? Forget the US taking their gloves off when interacting with China, they’re in the process of taking their clothes off.
China has been dumping US bonds pretty aggressively, but I do believe they still hold a substantial amount.
China has been dumping US bonds pretty aggressively
Makes sense. They’re not stupid.
If our Govt. Would just stop spending and wasting money on nonsense then we wouldn’t have this problem. Good luck getting any politician to “live within their means” as we are asked to do.
