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In reply to the discussion: Japan threatens to offload its $1 trillion US Treasury holdings if Trump trade talks don't go well [View all]D_Master81
(2,091 posts)40. This is why Trump will fold
As Trump likes to say “you don’t hold the cards”. In these trade talks you’re slapping tariffs on countries that hold a large amount of our debt. If they get together and dump our bonds the US is screwed more than most know. Bond interest rates will skyrocket and we’ll have to pay back more in interest along with being a riskier investment in a once stable, safe haven.
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Japan threatens to offload its $1 trillion US Treasury holdings if Trump trade talks don't go well [View all]
Swede
May 3
OP
He and his goons are literally doing to the United States what Osama Bin Laden only dreamed of.
Initech
May 3
#7
He has been doing this all his life, bullying, lying, cheating, smearing to get his own way. Never occurred to him he
Doodley
May 4
#45
And he destroys their economy with tariffs, they are left with nothing. They don't have to do the entire 1.3 T
boston bean
May 4
#42
Japan is not the only one who could do this..why doesn't his best ever in history economic team tell him this?
Deuxcents
May 3
#9
At one time, Trump had the solution of defaulting on the national debt, a deadbeat business model he is personally famil
Norrrm
May 4
#18
I was watching CNBC live when this happened on one of his call-ins. It was a jaw dropping moment.
mobeau69
May 4
#33
There are always buyers. Selling the bonds simply causes US interest rates to rise.
Bernardo de La Paz
May 4
#31
Except the US is devaluing the dollar. It has declined almost 10% vs Euro since January peak.
Bernardo de La Paz
May 4
#39
Real businesspeople invest in their people. Ones who bankrupt casinos shaft their people.
Bernardo de La Paz
May 4
#35
Trump's B.A. is from the University of Penn* of which Wharton is part of but he did not get an MBA from
Botany
May 4
#36