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21 sats \ 3 replies \ @grayruby 30 Aug \ on: Indian Refiners Increase Russian Crude Purchases Despite Tariffs econ
More rate cuts coming.
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40 sats \ 1 reply \ @Coinsreporter OP 30 Aug
Yeah surely. Didn't see you already posted about it. I'm gonna change it with another post.
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21 sats \ 0 replies \ @grayruby 30 Aug
It's ok. Mine was mostly a troll of my home country not so much a post about the data.
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0 sats \ 0 replies \ @Solomonsatoshi 30 Aug
The point is close to where FED can cut rates but the market will not follow. US Debt is reaching unsustainable levels and the market for USTs is insufficient to absorb the growing deficits. Rising rates could now swiftly tip the US into insolvency- this is what Trump is seeking to avoid but it is increasingly difficult. Tariffs provide a short term income flow but cripple the US economy in the medium term. Trump in crisis mode managing the decline of US hegemony.
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