Japan, the EU, and Canada together hold 3 trillion in US debt and they are flexing that muscle. https://deanblundell.substack.com/p/carneys-checkmate-how-canadas-quiet
Data is Beautiful
A place to share and discuss visual representations of data: Graphs, charts, maps, etc.
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Originally r/DataisBeautiful
IMO not strong enough :p
Yeah I love the idea that they put orange hitler in a full nelson until he tapped out like the little bitch he is.
More and more I'm realising this is all just a massive house of cards.
We (the UK) hold a load of US debt and the US holds a load of our debt.
So the net value is zero.
It's like me lending my mate £20 and him lending me £20 and we claim we're each worth £40. It's so bonkers when I word it like that but that's how it seems to be.
It's a way for governments to spend more without printing money and driving down the value of their currency.
Shit. Things are moving so quickly these days. Did I miss the formation of Iranland?
The integration treaty was sudden and adopted so fast, everyone was really shocked!
That Ireland flag though. Looking very Iran-ish.
Given the recent market moves and tariffs, I think this is really out of date