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Carney’s Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tariffs
(deanblundell.substack.com)
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Good read but bad AI thumbnail.
Tl;Dr he organized a slow bond sell off with Japan and the EU. Who collectively hold about 3 trillion of the 8.5 trillion in foreign held us bonds. Now tariffs are suddenly paused for 90 days after a rate spike.
Assuming this writer has reliable sources for these assertions, I'm pleased to hear that Canada was a leader in this.
There are some things not to like about Carney but this certainly isn't one of them.
Haha wow! Good job Carney!
Who is Dean?
Former 102.1 The Edge radio personality?
I miss the Scottish guy