

7·
1 month agoOf course he knows. The goal is to crash the economy so the people who still have money when everyone lost theirs, i.e. the oligarchs, can buy up all these assets/companies that went bankrupt. And in the future when the markets recover, they have even more power. Losing a couple billion now is nothing in comparison to the long term gain
My knowledge is very superficial, but usually government bonds are a very safe investment. It’s basically how countries can even go into debt. In times of market uncertainty, you would expect that investors who sell off stocks put their money into bonds. However, investors are also selling US bonds, which means confidence in the US is waining. The US dollar is on track to losing it’s place as the world’s reserve currency.
This is all very bad for the US, since it also means they have to increase interests in bonds so people keep buying, which leads to more taxes since the interests on the bonds is the interest the US has to pay on their debt.
Please correct me if I am wrong