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.
JumpCrisscross · · focus · HN ↗
The wild card being this will be the first time the world has entered this sort of unstable state since the invention of nuclear weapons. I expect to see a total failure of non-proliferation and the first nuclear civil war in my lifetime, if not the first nuclear war of territorial conquest. (I do not expect to see the first nuclear extermination.)
rurp · · focus · HN ↗
The amount of countries with nukes is going to increase dramatically in the medium term. That will mean exponentially more opportunities for a nuclear conflict to break out. I think there is a very good chance we see a nuclear war in the next couple decades, and the odds are dramatically higher than they were pre-trump.
The only spot I sort of disagree is that I think it's an uncomfortably short hop from a moderately sized nuclear war to a global nuclear war, and I think the chances of the latter are uncomfortably high now as well.