US Treasuries Have Become Unappetizing for Foreign Central Banks and Governments
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US Treasuries Have Become Unappetizing for Foreign Central Banks and Governments
Unofficial Hacker News client; not affiliated with Y Combinator.
1over137 · · focus · HN ↗
gradus_ad · · focus · HN ↗
The US remains the best option among a mixed field of weak, corrupt, divided and authoritarian alternatives.
Zigurd · · focus · HN ↗
MrDresden · · focus · HN ↗
But it is badly implemented and in need of drastic improvements. Just see recent comments made by EU President Von der Leyen and head of the ECB Christine Lagarde on how the biggest obstacles to the EU isn't US tarrifs but internal tarrifs.
Counted up they effectively make goods twice as costly as they should be.
A true common goods and finance market in the EU would be a force to reckon with.