Surely he understands the interplay between the usd being the world reserve currency and the importance of allies and military bases set across the world and how this aids US prosperity
serious question... How does that not help? The USD is a stable currency because we have f35's and the most powerful military in the world. How does Germany spending over the next 10 years, what we spend a year change that? Our ally is stronger because trump has been pressuring europe to invest more in military, why does that not increase our military capability now that our allies are a bit stronger?
Previously we were spending on US weapons. E.g. F-35 or Patriots. We might phase that out.
Your allies might not help you with the next Afghanistan.
Germanies foreign reserves are nearly all treasuries. We might (naturally) diversify away. By taking on a large amount of debt we will simultaneously create an alternative safe asset (bunds).
TrapLord_Rhodo|11 months ago
tobias3|11 months ago
Germanies foreign reserves are nearly all treasuries. We might (naturally) diversify away. By taking on a large amount of debt we will simultaneously create an alternative safe asset (bunds).
surgical_fire|11 months ago
dboreham|11 months ago
permo-w|11 months ago