• bacon_pdp@lemmy.world
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    2 days ago

    Well Qatar literally threatened to sell all of their treasury bonds.

    which would have resulted in a permanent 38% drop in the dollar in 24 hours

    • tburkhol@lemmy.world
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      2 days ago

      That’s ridiculous. Qatar holds like a billion or two in US Treasuries, which isn’t even a minute’s worth of trading volume. Japan, China, UK, all closer to a trillion, would be a serious threat. Even UAE at $100B. But Qatar?

      No, if anything this is payback for the nice airplane Qatar gave to “Trump Library.”

    • Xaphanos@lemmy.world
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      2 days ago

      Now everyone knows how weak we are and exactly how to get whatever they want from us.

      • evenglow@lemmy.world
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        2 days ago

        Go look up how long it took Trump to call Xi after China hit the off button for rare earth metals.

      • IninewCrow@lemmy.ca
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        2 days ago

        Lol … most powerful military in history and all you have to do defeat it is … threaten to stop investing in them.

    • Karyoplasma@discuss.tchncs.de
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      2 days ago

      Tinfoil hat: the threat was just a ruse to provide plausible deniability. The actual reason they are allowed to establish an air base on US soil is because they gave Trump a $400M airplane.

    • cmbabul@lemmy.world
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      2 days ago

      Is there a source on that? Not saying it’s not true I’m just having trouble finding anything atm

    • Bonesince1997@lemmy.world
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      2 days ago

      Google AI (sorry) indicates this is a false story. “Reports of Qatar threatening to sell all its U.S. Treasury bonds are false. The rumor, which gained some traction in September 2025, appears to have stemmed from a misinterpretation of remarks made by a Qatari official.” I asked it, “did qatar threaten to sell all its us treasury bonds?”

        • Noxy@pawb.social
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          2 days ago

          how does one even know and verify what an LLM’s “sources” are? wouldn’t it just vomit out whatever response and then find “sources” that happen to match its stupid output after the fact?

          • Pennomi@lemmy.world
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            2 days ago

            Precisely my point. But if it is correct and can link to an authoritative source (eg. a news article), that is relatively easy to verify.

            How much you can trust a news article is still up for debate.

            • Noxy@pawb.social
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              10 hours ago

              so then all the value it brings is the exact same thing search engines have already been doing for decades.

          • Pennomi@lemmy.world
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            2 days ago

            Agreed, I’m more worried about people blindly trusting AI than I am about this particular situation.