Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar.
  • Dr. Bob@lemmy.caEnglish
    8·
    3 days ago

    You are correct. “Bankrupt” is a little strong. But selling existing bonds back into the market while the U.S. is trying to issue new debt would not be great for America. I think dollar devaluation is 100% in the cards.