magicreadu

6 ms·

1. 1.▲
   by magicreadu 1y ago

   Having dollar being the worlds currency is not necessarily a good thing. Yes, you can borrow at low interests rate for a while. But guess what? Those are still debts. And eventually rates rise due to inflation. Now you have hollowed out y
2. 2.▲
   by magicreadu 1y ago

   Both you and OP are not looking at this from the right angle. The goal here is to decouple US from China. In the meantime, tariffs are raised on every country to gauge which side they are on. Once US knows who the allies are, they will nego
3. 3.▲
   by magicreadu 1y ago

   They know what they are doing. The goal is decoupling from China. They raised tariffs on everyone to see which countries stood with US and which stood with China. Once each country has made their allegiance clear, they delay the deadline to
4. 4.▲
   by magicreadu 1y ago

   It’s a full decoupling of number 1 and number 2 economies in the world - of course it’s messy. If you can’t stomach the turbulence, stay in safe instruments
5. 5.▲
   by magicreadu 1y ago

   The reason they have reduced all tariffs back down to 10% even for the countries that were obviously transshipping (Vietnam, Myanmar, Thailand, Cambodia) is that they need time to negotiate with those countries, to make sure these countries