mornings with pat kreitlow

Full Faith and Credit—Is No More (Hour 2)

Full Faith and Credit—Is No More (Hour 2)

4/15/2025

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They were some of the surest words that could be spoken or written: “Back by the full faith and credit of the US Government.” People like to mock the government, but US Government bonds were always the world’s most stable investment—until Donald Trump’s trade war. We’ll talk to an expert about how it was the start of a global sell-off of US bonds that gave the White House a rude awakening about its inability to execute a coherent tariff and trading strategy—and can America regain the trust of investors all over the world? Also: A weighty (or whey-ty?) question you’ve likely never pondered—which is more expensive per pound, your car or your favorite cheese?

UpNorthNews with Pat Kreitlow airs on several stations across the Civic Media radio network, Monday through Friday from 6-8 am. Subscribe to the podcast to be sure not to miss out on a single episode! To learn more about the show and all of the programming across the Civic Media network, head over to https://civicmedia.us/shows to see the entire broadcast line up. Follow the show on FacebookX, and Instagram to keep up with Pat & the show!

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