Trump’s empire of debt

In the Financial Times of June4, John Plender wrote a Big Read article on imperial overreach and  “Trump’s empire of debt”. In it, he referred to White’s concerns about fragility in the market for US Treasuries and the particular threat posed for the independence of the Fed by “fiscal dominance”.

 

https://www.ft.com/content/cd812bd4-a08e-4147-a845-3ad8a932d748?syn-25a6b1a6=1