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Economy

TexasTowelie

(116,744 posts) Wed Oct 23, 2024, 01:16 PM Oct 23

Trump presidency would tank US economy - Times Radio

“If Donald Trump were to realize his universal global tariffs, it would certainly jeopardize the status of the dollar.”

National debt would “balloon” under a Trump presidency because of his attitudes to the economy, says Noah Rothman.

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Trump presidency would tank US economy - Times Radio (Original Post) TexasTowelie Oct 23 OP

If the Convicted Felon should somehow weasel his way back into the WH Best_man23 Oct 23 #1

Best_man23

(5,122 posts)

1. If the Convicted Felon should somehow weasel his way back into the WH

Reply to TexasTowelie (Original post)

Wed Oct 23, 2024, 03:25 PM

Oct 23

I can easily see a scenario where European and Asian countries who routinely buy US Treasuries either scale back those purchases significantly or stop buying US Treasuries altogether.

A worse scenario would be some of these countries dumping Treasuries, which is something Russia tried to get China to do back in 2008 during the height of the US financial crisis.

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