Borrowing money from the rest of the world is critical to the US…

Interesting read on the impact that tariffs are having on US furniture prices and US makers

> US government consumer prices data shows furniture prices, which had been falling for 18 months before Trump came to office, up 4 per cent in many categories in the year to December 2025

https://archive.is/20260120061035/https://www.ft.com/content...

What makes it hard to trade within the US now?

The average US worker costs more if not much more than the average foreign worker.

There's also the unpublished report into Russian interference with the Brexit referendum and UK politics

And Europe too – around $8 trillion in US treasury bills is held by Europe

China sold off their holdings pretty slowly as they didn’t want to drive the price down

Europe holds $8 trillion out of 38 trillion… they can move the market

According to a Deutsche Bank report Europe holds about $8 trillion of that debt

Europe is the largest holder of US Treasuries too

Compares to other US airports, SFO is a pretty nice but there are plenty of other nicer airports outside the US