Cooperator - 4/13/2025 21:24

As a former governor of the Bank of Canada as well as the Bank of England, Mark Carney is not one to play financial chess with.
He was poised to coordinate a massive sell-off of US government bonds, together with Japan and the EU. This would have crashed the market, destroying confidence, and value in the bonds.
There's not much chance that Trump understood the risk, but it probably motivated his advisors to press him to the wall on it.

https://www.ctvnews.ca/business/article/freak-sell-off-of-safe-haven...


So Canada and other countries invested in these bonds for one of two reasons. A) they liked how they looked and wanted to admire art, or B) they were a good and safe investment. Even though it was Canada, I'll go with B.

So now, they're going to organize a massive dump on the market, causing the value of the investment they are holding to drop. I suggest you watch the movie Margin Call. Even a private firm, which could operate with speed and secrecy far exceeding any government departments, took massive losses getting out of their holdings quickly. How many millions or billions were they willing to lose of their citizen's money just to show Trump up?

Yeah, seems smart.