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Carney’s Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tariffs (deanblundell.substack.com)

submitted 4 days ago by [email protected] to c/canadapolitics

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[–] [email protected] 1 points 1 hour ago* (last edited 1 hour ago)

So is it confirmed Carney orchestrated this or is it conjecture? I havent really seen anything about Carney's involvement anywhere.

He's certainly capable of it, but was it really his idea?

[–] KanadrAllegria 7 points 4 days ago

Good read but bad AI thumbnail.

[–] [email protected] 8 points 4 days ago

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.

[–] Perhapsjustsniffit 9 points 4 days ago

There are some things not to like about Carney but this certainly isn't one of them.

[–] cyborganism 6 points 4 days ago

Haha wow! Good job Carney!

[–] kent_eh 2 points 3 days ago

Assuming this writer has reliable sources for these assertions, I'm pleased to hear that Canada was a leader in this.

[–] [email protected] 4 points 4 days ago (1 children)

Who is Dean?

[–] uninvitedguest 5 points 4 days ago (1 children)

Former 102.1 The Edge radio personality?

[–] SplashJackson 1 points 4 days ago

I miss the Scottish guy