Canada increased holdings of U.S. debt by 27% last year (www.visualcapitalist.com)

submitted 6 days ago by yogthos@lemmy.ml to c/canada@lemmy.ca

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[-] yogthos@lemmy.ml 2 points 5 days ago

You're assuming he actually give a fuck about any of that. He's going to be in the office for three more years. He doesn't need to worry about reelections. He's going to spend that time making as much cash for his family and friends as he can, but any means he can. He absolutely doesn't care if he trashes the whole economy in the process.

[-] villasv@lemmy.ca 2 points 5 days ago

I understand that, but thrashing the economy is very different from thrashing the credit rating of the whole country. But I can see how perhaps I’m still in denial, looking back it is true that this regime has been worsen than my wildest imagination in all aspects

[-] yogthos@lemmy.ml 1 points 5 days ago

I mean just look at the debacle that it the war with Iran. There's a reason why no single US president was dumb enough to do that, but here we are now.