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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNicholas Grossman: The US-led global economic system is dead. By suicide.
@nicholasgrossman.bsky.social
The bond market shows capital flight from the United States, with people selling off US debt.
It’s the opposite of what usually happens during economic turmoil, when people buy US debt because they think it’s the safest asset in the world.
The US-led global economic system is dead. By suicide.
April 9, 2025 at 7:48 AM

https://bsky.app/profile/nicholasgrossman.bsky.social/post/3lmew7wl45s2c

SharonAnn
(14,025 posts)Lovie777
(18,065 posts)USA is no longer a leader except a leader of hatred and destruction.
Dennis Donovan
(30,416 posts)@nicholasgrossman.bsky.social
1h
More evidence of capital flight from the United States.
The dollar usually rises during global economic turmoil, as part of a “flight to safety.” But the dollar is falling against Asian currencies, indicating the world no longer thinks the dollar or US bonds are safe.
Joumanna Bercetche
@joumanna.bsky.social
9h
Bloomberg Asia Dollar Index at all time low
Nicholas Grossman
@nicholasgrossman.bsky.social
As bond and currency markets show capital flight from the US—opposite of what usually happens in global economic turmoil—Wall St. brought these losses on themselves.
Told each other Trump didn’t mean what he kept saying and partially did last time, that’s just for the rubes.
Who’s the rube now?

April 9, 2025 at 8:29 AM
https://bsky.app/profile/nicholasgrossman.bsky.social/post/3lmeyjqm3v22c
Kid Berwyn
(20,038 posts)Which is, after all, what counts.
David__77
(24,024 posts)Hekate
(97,318 posts)Irish_Dem
(68,459 posts)lonely bird
(2,263 posts)They knew what he was by the evidence of his entire business career.
They knew and either didn’t care or were self-deluded.
The 99% will suffer and that especially includes MAGAts.
Self-destruction just so your hate is affirmed.
kimbutgar
(24,890 posts)He finally defeated the US without going to war!
Dr. T
(196 posts)vote for this is going to get a big, fat "yes, you did."
IthinkThereforeIAM
(3,173 posts)... every time I wonder, "why the hell are they doing that?", I remind myself this all benefits Putin, dragging the U.S. of A. economy down to what has been going on in Russia since the collapse of the U.S.S.R. It is time to stop kidding ourselves about the, "who, what, when, where, why".
Botany
(73,897 posts)Along with hard core shit bags who got @ least 5 million voters removed from voting prior
to the election and Musk, the GRU, and most likely the oligarchs/cyber tech/crypto boys were deep
into the election data during the vote. Crash the American Economy, let the rich pick up what’s
left for pennies on the dollar, install a dictator, and switch our currency to crypto was always their
goals and it is there if anybody wants to see it.
And much of our MSM have been in on this rat fucking of America too. By 2024 Biden had the
best economy in the world and inflation was under control but all we heard about was the price
of eggs because they knew their costs were going to go up because Bird Flu had taken 120 million
Chickens but we never heard about Avian Influenza until after the election from our MSM.
IbogaProject
(4,284 posts)liberalla
(10,428 posts)Unnecessary. Self-inflicted. Suicidal - yes...
But NOT accidental!
This was done on purpose and intentionally.
Cha
(309,828 posts)