| ▲ | ceejayoz 9 hours ago | |||||||||||||||||||||||||
> unless you just assume all international finance is a US issue Why wouldn't you? 2008's collapse of the US housing market caused a global recession. It's the single largest economy on the planet. | ||||||||||||||||||||||||||
| ▲ | kasey_junk 9 hours ago | parent [-] | |||||||||||||||||||||||||
Because the US does not control other countries fiscal policy which is where government debt rates come from. Germany and the UK have entirely different ways to determine fiscal and currency policy from each other, not to mention from the US. If there is correlation between those things it’s either by choice (the German people tieing their government to the US) or it’s demographic. | ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||