From an American: sorry that our government and a lot of our citizens are complete fucking idiots, because it’s probably our fault :|

And I’d bet a year’s (or a quarter’s? Or a month’s?) salary (that’s a joke about hyperinflation) that they’ll blame it on Biden, and their imbecilic cult followers will believe it.

Of course!

It was honestly a masterclass in geoeconomics. Canada coordinating this response, and Japan being one of the biggest components of the scheme, was absolutely the primary reason that the whole 90d delay thing happened. It was, in geopolitical terms, this meme:

The world dumping US bonds en masse would herald the destruction of the USD global standard. It is difficult to overstate the economic chaos and destruction that would follow.

So, yeah, I wouldn’t be shocked if someone in the orangeboi admin had a brainwave and decided “let’s get rid of US Government Bonds”

To be perfectly blunt, I don’t think the presentation of a united front is the issue. The wariness is from China wanting to fill the power vacuum left by the US, and many countries being extremely wary of hitching their wagons to an authoritarian superpower (which is what the US is turning into, and one of the primary reasons outside of the tariff idiocy that a lot of countries are stepping away from the US now). And the PRC is absolutely an authoritarian superpower.

This is Japan starting to play hardball, and I gotta say, it’s a fantastic play by them. They are currently holding a $1T fiscal knife to our throat (their US bond portfolio, and the threat to resume/continue a coordinated sell with other countries), and it’s absolutely a reasonable strategy under these (admittedly completely insane) circumstances.