The answer is European and Japanese bonds.
Also in part due to a weakening dollar.
I don’t have a crystal ball, but since Trump took office, the Euro has appreciated nearly 10% against the dollar. Which in turn makes it very likely that the ECB will drop rates.
This will definitely make it less painful to increase borrowing and spending.
works for me on firefox + ublock
The European Union’s large pool of excess savings means it is the largest foreign holder of US public debt, while it also plays an outsize role in US corporate funding. If European nations meaningfully ramp up investment, those savings may instead be kept at home.
Great job, Trump. Keep up the good work!
Not for me on nightly + ublock
It didn’t work for me on FireDragon + uBlock Origin… at first. Then after a few seconds of the rest of the article being “redacted”, it suddenly appeared.
Do you think the euro’s potential strengthening as a global reserve currency is a positive development? On one hand, it could offer diversification and stability benefits, but it might also introduce economic pressures and market volatility. Curious to hear your thoughts on the implications for both Europe and the global financial system!
