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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 11 months ago

Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.

www.heritage.org

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Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.

www.heritage.org

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 11 months ago
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Will a Japanese Fire Sale Crash U.S. Debt?
www.heritage.org
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Profligate government spending has institutionalized multitrillion-dollar annual deficits, which have driven up interest rates and left Treasury markets teetering on the edge. Now Japan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.
  • OurToothbrush@lemmy.mlM
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    11 months ago

    A Japanese communist movement literally tried, they were put down by fascists.

    Also Russia isn’t communist lol

    • The_Jewish_Cuban [he/him]@hexbear.net
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      11 months ago

      I just mean it’ll give them access to this block. I don’t think liberals in Japan will jump ship with the west

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