Bank of Canada Chief Warns US Deficits Are Unsustainable and Costly

Bloomberg: "Bank of Canada Governor Tiff Macklem warned that U.S. federal borrowing is on an unsustainable trajectory, putting upward pressure on global bond yields and Canadian borrowing costs." #debt #USA www.bloomberg.com/news/article...

Bank of Canada Governor Tiff Macklem warned in an interview with @erikhertzberg.bsky.social that US borrowing is on an unsustainable trajectory. He offered a blunt assessment of American spending, which is having an effect on global bond yields www.bloomberg.com/news/article... @bloomberg.com

Trump runs america like a business.