General Discussion

Martin Eden

(15,389 posts)

36. If that becomes an avalanche, we are SCREWED

Wed Jan 21, 2026, 07:28 AM

4 hrs ago

Our economy has been sustained despite our enormous national debt by the security of US Treasury bonds and the status of the Dollar as world currency.

If THAT collapses, so does our economy.

This won't be one of those cyclical recessions; it will be more like the Great Depression.

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Staggering amount of US treasuries dumped as Trump salivates over Greenland [View all] turbinetree 17 hrs ago OP

So it begins... Aristus 17 hrs ago #1

Never ask for whom the bells tolls.... NotHardly 15 hrs ago #9

Yes. Literature reacquaints readers with reality. But the felon obviously doesn't read. ancianita 15 hrs ago #13

I can think of one clod I wish would be washed away by the sea. raccoon 7 hrs ago #34

This may be what it takes Mme. Defarge 17 hrs ago #2

I really hope that after listening to some of the leader's speeches at Davos, Bev54 15 hrs ago #10

The finacial world expressing to Trump Johonny 16 hrs ago #3

$100 million is a pittance. It was the warning Melon 16 hrs ago #4

Like... if China joined the dumping club! nt slightlv 15 hrs ago #7

Actually, I thought that I saw someplace that China was already dumping treasuries. h2ebits 12 hrs ago #31

Not dumping at all. Countries ebb and flow Melon 1 hr ago #37

Thanks for the correction. That must have been what I saw and remembered inaccurately. h2ebits 54 min ago #38

Do we want to f around and find out what happens when the warning is ignored? IronLionZion 13 hrs ago #29

That would add to The National Debt, right? no_hypocrisy 16 hrs ago #5

That is the national debt, funded by selling US treasury bonds. Bev54 15 hrs ago #12

Not directly, but it still ain't good for any of us. paleotn 14 hrs ago #15

It makes our national debt more expensive because Treasury has to pay higher yields IronLionZion 13 hrs ago #30

We're barely able to pay INTEREST on the Debt right now. no_hypocrisy 6 hrs ago #35

This is just the beginning of the end for the good faith and credit of the US that the felon has killed. ancianita 15 hrs ago #6

Supposedly that's what got him to back off the tariffs last April IronLionZion 15 hrs ago #8

heh heh...probably... Wondering if you have a link to Orrex? ancianita 15 hrs ago #11

Every day here on DU IronLionZion 14 hrs ago #22

Ah, yes! Thanks. ancianita 14 hrs ago #23

If Denmark, Germany and France stop exporting insulin were screwed. 33taw 15 hrs ago #14

But...but...but....I didn't think we were reliant on Europe for anything!!! paleotn 14 hrs ago #17

You'd be surprised. Aussie105 14 hrs ago #25

Not true SCantiGOP 14 hrs ago #21

You may be correct, but that is not what I am finding. Yes,Eli Lilly is a US company. 33taw 12 hrs ago #32

Reuters link DoBW 14 hrs ago #16

It will force the Federal Reserve to engage in significant QE at the long end of the yield curve. roamer65 14 hrs ago #18

The bigger the depression... purr-rat beauty 14 hrs ago #19

Central banks are buying metals. Not a good sign for the US economy. DJ Synikus Makisimus 14 hrs ago #20

I think Japan surpassed China BaronChocula 8 hrs ago #33

Quite a lot of trade happens. Aussie105 14 hrs ago #24

Yes. Yes, he's an idiot. Wharton must be so proud. Buddyzbuddy 14 hrs ago #26

Gonna be a whomping big distraction from Jack Smith's little chat to the public. Attilatheblond 14 hrs ago #27

$100M is meaningless other than symbolism Bluetus 14 hrs ago #28

If that becomes an avalanche, we are SCREWED Martin Eden 4 hrs ago #36