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6 sats \ 0 replies \ @Solomonsatoshi 15h \ parent \ on: How the Next Financial Crisis Might Happen (The Economist) econ
This time its different.
$7T USTs need to be rolled over before Christmas.
Trump cannot stop the war in Ukraine.
China called Trump tariff bluff and Trump folded because UST 10 year rate was exploding.
Saudis are already selling oil to China denominated in Yuan.
The petrodollar SWIFT hegemony is in gradual but terminal decline.
US exceptionalism is so last century.