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Carney’s Checkmate: How Canada's Quiet Bond Play Forced Trump to Drop Tariffs (deanblundell.substack.com)

submitted 3 weeks ago by [email protected] to c/[email protected]

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[–] [email protected] 8 points 3 weeks ago

Tl;Dr he organized a slow bond sell off with Japan and the EU. Who collectively hold about 3 trillion of the 8.5 trillion in foreign held us bonds. Now tariffs are suddenly paused for 90 days after a rate spike.

[–] [email protected] 7 points 2 weeks ago

Good read but bad AI thumbnail.

[–] [email protected] 6 points 3 weeks ago

Haha wow! Good job Carney!

[–] [email protected] 4 points 3 weeks ago (1 children)

Who is Dean?

[–] [email protected] 5 points 2 weeks ago (1 children)

Former 102.1 The Edge radio personality?

[–] [email protected] 1 points 2 weeks ago

I miss the Scottish guy

[–] [email protected] 3 points 2 weeks ago* (last edited 2 weeks ago)

So is it confirmed Carney orchestrated this or is it conjecture? I havent really seen anything about Carney's involvement anywhere.

He's certainly capable of it, but was it really his idea?

[–] [email protected] 2 points 2 weeks ago

Assuming this writer has reliable sources for these assertions, I'm pleased to hear that Canada was a leader in this.