Tell that to my employer
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Cake day: July 3rd, 2023
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asdfbla@lemmynsfw.comto Ask Lemmy@lemmy.world•Now that S&P 500 is climbing and a lot are celebrating, does anyone else feel like this is just the tip of the shitberg?English25·5 months agoMy knowledge is very superficial, but usually government bonds are a very safe investment. It’s basically how countries can even go into debt. In times of market uncertainty, you would expect that investors who sell off stocks put their money into bonds. However, investors are also selling US bonds, which means confidence in the US is waining. The US dollar is on track to losing it’s place as the world’s reserve currency.
This is all very bad for the US, since it also means they have to increase interests in bonds so people keep buying, which leads to more taxes since the interests on the bonds is the interest the US has to pay on their debt.
Please correct me if I am wrong
Unfortunately, the future of grapheneos is not certain anyway with Google going closed source on all the drivers and device trees