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Sherelle Jacobs
Sherelle Jacobs @Sherelle_E_J
11 Apr 25

If anything this week has been a reminder that while some Americans might be keen to reindustrialise, the world hegemon’s  supremacy and dollar dominance remains brutally rooted in the country’s vast financial power. There is no getting around this. The time when dollar dominance

Sherelle Jacobs
Sherelle Jacobs @Sherelle_E_J
11 Apr 25

Brits find it irresistible to compare Donald Trump's market blowup with Liz Truss's mini-budget meltdown. But another reading is that Trump’s trade war woes are redolent of the early Thatcher’s troubled experiment with monetarism. We shouldn’t forget that major epochal

Sherelle Jacobs
Sherelle Jacobs @Sherelle_E_J
11 Apr 25

Peston’s analysis of Trump's T-bond/debt trap is largely correct here but the rest is misleading sensationalism. The dollar’s dominance and status of US Treasury bonds as a safe haven in times of crisis has certainly not collapsed – and to suggest that this has been permanently

Robert Peston
Robert Peston @Peston

We just learned that the world’s most powerful person, Donald Trump, has a boss: the bond market. He may not have acknowledged this to himself, yet, but the global financial tumult he caused - and has temporarily eased - has locked him in a fiscal prison. Because, as I have