stop the FED raising rates but then there's obviously inflation risks.)
So, yeah, I agree wholeheartedly with the US can't (or shouldn't) cut spending and it should tax the wealthy more. Entirely agree.
However, the OP was about the risk to the US from creditors selling their bonds which is meh.
So, yeah, I agree wholeheartedly with the US can't (or shouldn't) cut spending and it should tax the wealthy more. Entirely agree.
However, the OP was about the risk to the US from creditors selling their bonds which is meh.
Comments
I think the tariff policy from Trump matters
And I acknowledge that capital flight (even if it was for no reason at all, if there were no tariffs or anything else driving it, just random beliefs) then that could cause $ devaluation and that's bad.
Plus I don't think that happens in the China sell bonds scenario.