Why did Krasnov fold so fast on his tariffs? I might be wrong.
Canadian P.M. Carney has his doctorate in economics and Krasnov flunked out of Fordham then his
dad bought him a degree from the University of Pennsylvania (Wharton is much better known for its MBA program which Krasnov was not admitted to).
P.M. Carney called up some of his European friends whose countries along with Canada own a lot
of America’s debt in bonds and they started withdrawing some of their money from that market as
a warning to Krasnov that if they wanted to they could crash the American economy and then rest
the rest of the the world would see that investing into America was no longer “a safe play.”
Krasnov folded like a card table after a meeting of the bridge club of Albert Lee, Minnesota had
left the Elks Clubhouse.
From Wiki.
“Carney was born in Fort Smith, Northwest Territories, and raised in Edmonton, Alberta. He graduated with a bachelor's degree in economics from Harvard University in 1988, then studied at the University of Oxford, where he earned a master's degree in 1993 and a doctorate in 1995. He held various roles at Goldman Sachs before joining the Bank of Canada as a deputy governor in 2003. In 2004, he was named as senior associate deputy minister for the Department of Finance Canada. In 2007, Carney was named Governor of the Bank of Canada, where he was responsible for Canadian monetary policy during the global financial crisis. He led the Canadian central bank until 2013, when he was appointed as Governor of the Bank of England, where he led the British central bank's response to Brexit and the early phase of the COVID-19 pandemic.“
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Last edited Fri Apr 11, 2025, 10:54 PM - Edit history (1)
But then again I might be wrong in my memory.
Botany =
