Global Trade Wars: Tariffs, Tantrums, and Treasury Troubles
Key Points
- Global tariff policies are damaging sovereign credit ratings...
Ever wondered what happens when world leaders start playing economic chicken with tariffs? Spoiler alert: Nobody wins, but everyone gets to watch the financial fireworks!
Rating Agency Says "Hold My Beer"
DBRS Morningstar, everyone's favorite party pooper, just crashed the global economy celebration with some sobering news. Their latest analysis suggests that current tariff policies are about as helpful to sovereign credit ratings as a chocolate teapot is to a tea party. Banks might be putting on a brave face, but even their impressive resilience could crumble faster than a cookie in hot co...
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