News for hackers. Stuff that matters.
Re:Trump says he's prepared to slap tariffs on all $500B in ... by fellellor on Saturday July 21, 2018 @02:36AM (#17580978)
I think that's what happens in the case of regular world economies who don't have the luxury of a reserve currency.

But if the US really did need to do all that accounting then how come they've accumulated a debt of 20 trillion?

I'm not saying that the US economy is completely immune, but they certainly seem more immune than other economies.

Re:Trump says he's prepared to slap tariffs on all $500B in ... by perl4ever on Saturday July 21, 2018 @05:18AM (#17581370)
There are other countries with a higher debt/GDP ratio, so I'm not sure what facts lead you to assume the US is the sort of outlier that demands a special explanation. The number $20T does not seem meaningful in a vacuum.