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-Globalization:

Slow death.. no

Fast death... yes.

-Bond market:

Foreign governments buying our debt...bad

USA citizens absorbing our debt..good.

Got it....I think?

I wonder if our last dozen or so wars would have happened if the accrued debt was absorbed by us not by foreign bond issues?

Now that debt is coming home to roust as Trump threatens tariffs on countries that graciously took on that debt.

I'm beginning to wonder that maybe globalization didn't cause our down fall but rather our debt to pay for the forever wars.

What you think?

Apr 16
at
1:34 PM