Personal Finance and Investing

Bluetus

(1,043 posts)

30. Luxembourg is surprising to me.

Thu Apr 10, 2025, 03:29 PM

Apr 10

That big chunk from the Cayman Islands is probably mostly Russian.

I doubt Canada would get the UK to go along. but if Canada, Japan, Belgium, France, Singapore, Brazil, and Norway acted as a bloc, this would be enormous leverage.

And the really big risk is that they all decide they are better off teaming with China than Trumpistan, they can crash our entire economic system. Along those same lines, if China is seen as a more reliable trading partner, they could basically fence the US off from the rest of the world economies.

It can't really go that far because countries like Germany, Japan, and Korea have big investments on the ground in the US. Trump's next step would be to nationalize all those factories, a la Fidel Castro.

No matter which way this goes, it is a huge financial mess, and completely unnecessary. One wonders if there comes a point where the multinational corporations decide that Trump has to be eliminated.

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Highlight:

Carney's Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tariffs [View all] littlemissmartypants Apr 10 OP

They could strangle us with the bond market. Scrivener7 Apr 10 #1

Explainer: What just happened in the U.S. Treasury market? UpInArms Apr 10 #2

Heard an analyst opinion that we were approaching a financial meltdown close to the 2008 Bush wiggs Apr 10 #13

"Beautiful." "Big-league." "Perfect." "Bad people" Good God, his language skills are so limited. eppur_se_muova Apr 10 #31

Wow! I was wondering about that Raven123 Apr 10 #3

Yep. My son and I said TSF got hit hard by real economists selling off the sinkingfeeling Apr 10 #4

Do magas know what the bond market is? CrispyQ Apr 10 #26

Nicely leighbythesea2 Apr 10 #5

Wow. That was smart! ananda Apr 10 #6

Fascinating. Thanks! Dr. Carney, PhD Econ versus tRump, B.A. Econ (did he even sit the exams). nt Bernardo de La Paz Apr 10 #7

Mark Carney the banker Historic NY Apr 10 #8

This was not a death blow, more like a shot across the bow. Bluetus Apr 10 #15

Trump screwing with China who hold a lots of our debt. Historic NY Apr 10 #25

Luxembourg is surprising to me. Bluetus Apr 10 #30

Wow! the rest of the story Wild blueberry Apr 10 #9

Another way in which we can't stand against the rest of the world as enemy. nt wiggs Apr 10 #10

IIRC the EU represents the second biggest economy in the world. Combined with other countries TSF wiggs Apr 10 #12

I have seen absolutely no proof of this and not Bev54 Apr 10 #11

He was in position to advise this move since last September liberalgunwilltravel Apr 10 #18

Yes all true but where is the proof of these assertions, he was Bev54 Apr 10 #23

I Don't Think Anyone Actually Doing This modrepub Apr 10 #29

I kind of wondered if the Saudis are buying it up now. Bev54 Apr 10 #32

who is the genius? et tu Apr 10 #19

Well definitely not Trump but I don't know it was Bev54 Apr 10 #24

Kick! SheltieLover Apr 10 #14

Excellent info! Thanks for posting, pants! wordstroken Apr 10 #16

Carney, Japan and the EU beat trump at his own game. MLWR Apr 10 #17

And he's still saying it's "... raising the Tariff charged TO China..." William Seger Apr 10 #20

Wow! This is a must read. Joinfortmill Apr 10 #21

Thank you PM Carney! poli-junkie Apr 10 #22

Brilliant! Ocelot II Apr 10 #27

Mr. "art of the deal" progressoid Apr 10 #28

An example of the sad bond market: Vanguard Intermediate Term Treasury fund only 1.08%/yr since 1/2015 progree Apr 10 #33

This is fascinating! n/t yellow dahlia Apr 10 #34

I wouldn't normally contest this any further but because it got so many likes and Bev54 Apr 11 #35