Get ready peeps. Lots of countries about to sell off US debt.
Interesting-Post9811 on
Someone had to be first. Avalanche coming
ChuChuBitch- on
HOLY SHIT. That is very very bad for the interest rates and the free market. Good move by Denmark, they hit us where we hurt.
emau55 on
Japan can’t be too far behind
CFCYYZ on
$100 million is a bunch, but not yet a great bunch.
Enough bunch to be an effective shot across the bow, though.
Top-Currency on
100mn is a tiny chip of the great debt mountain that is the United States. But it’s a start, and the EU can do much bigger damage in the next round.
dooit on
And the finances can be fixed if the US taxed the wealthy… it’s not that complicated.
21-4-14 on
A fine symbolic gesture.
jugalator on
> Treasury Secretary Scott Bessent denied on Tuesday that European countries would bail on U.S. Treasuries while speaking at the World Economic Forum in Davos, Switzerland.
>
> “I think it is a completely false narrative,” he said, according to the Guardian. “It defies any logic, and I could not disagree more strongly,” he added.
Oh, speaking of moves that defy logic, Mr. Bessent…
> European countries own $8 ~~billion~~ trillion worth of U.S. bonds and equities, nearly double the amount of the rest of the world combined.
Wow, I honestly didn’t know this. Who needs nukes as deterrent in such a scenario.
Edit: Fixed a typo in the article! I thought that sounded funny…
EristicPolemic on
Keep going. Make us eat our awful decisions.
Hefty_Macaroon_2214 on
Run on the $, reserve currency status handed over to China
hellranger788 on
What does selling us debt mean? It sounds like passing debt to someone else.
Inside-Selection-982 on
instead of just pulling out, why don’t they short US stocks? they should put money where their mouth is.
sisjanie on
trump had the Federal Reserve print eight trillion dollars in currency and flooding it into the market economy causing inflation and the value of the dollar to drop and those countries have a right to sell them off for the benefit of their citizens, businesses and government.
Friendly_Money_4401 on
Ive read through the thread ideas and havnt seen the most effective approach mentioned,Personally sanction Trump inc. as if he was a demented dictator?
He has property in the UK,Scottish golf course.Oh boy would he take that personally.No worldwide economy meltdown(Though maybe worldwide nuclear meltdown).
Is this possible for the Eu/Uk to do legally?
mrpickleby on
If they do it at the right time they can really push up the interest rate on US debt costing the US much more than 100m
ddgk2_ on
Realistically how much is that? Is that just a smart shot across the bow?. When they sell who buys ? If they sell too much or others do the same do the buyers become scarce causing a price drop? How might this pan out?
theboredcard on
Donny: “I’m putting a tareif on anyone who sells US treasures”
Anyawnomous on
This is the way. No winners but America loses bigger. Putin has a real charmer down there.
-HealingNoises- on
Ah, there we go. That’s the proper big button domino the uncaring sociopaths will actually be threatened by. There is no other way, consequences have to be felt.
MoistToweletteLover on
Dump em all
No_Menu_6533 on
The sooner you sell, the less money you’ll lose.
Mystikwankss on
Art of the deal ay
Friendly_Money_4401 on
Is it an actual irl option to sanction him personally as a sitting president?
Edit typo
Dismal-Bullfrog-7851 on
While this Danish pension fund’s move makes a political statement about concerns with U.S. fiscal management, the actual financial impact is negligible at just $100 million. Japan holds over $1.1 trillion in U.S. debt, making this Danish sale equivalent to pocket change in comparison. China dumped $600 billion worth of Treasuries last year without causing any real market disruption, so this tiny sale won’t even register as a blip on the radar. It’s more symbolic than substantive, reflecting growing international concern about America’s fiscal trajectory under chaotic leadership rather than representing any meaningful financial threat.
Cheesy_Does_It on
As an American…that’s fine. I just hate the fact that ~75% of the population has to suffer for the rest of these morons.
Moist-Pay2965 on
I guess it’s a start… maybe a small spark
hoopjoness on
Non-US nato outnumbers our military (US has 1.32m active duty personnel vs 2.12million active duty for non-US NATO)
They also have a shit ton more equipment for the arctic, are trained year round in those conditions (US has 3 ice breakers vs non-US NATO has 45 ice breakers across Canada and Scandinavian countries) this is literally how allies in that part of the world tripped up the German Nazis by leading them further into desolate arctic conditions they couldn’t cope with
Plus the other countries who would jump in to defend Europe as we attacked them first.
And all the countries we fucked over through the years who we can’t attack back because we can no longer use European US bases to reach them
We also have 2 now hostile neighbors who likely wouldn’t protect the borders
And no allies to even help us fight anyone while we’re also having to fight the early stages of a civil war
All while countries are dumping our debt and trashing our economy
We would never be welcome in Europe again
I think Trump is just seeing it as defeating Europe as a smaller country with a smaller military but it wouldn’t go like that.
kalgary on
“I am selling these items because they are unreliable.” Great way to send a message, but not an optimal sales strategy.
33 Comments
And that’s the first domino…
Get ready peeps. Lots of countries about to sell off US debt.
Someone had to be first. Avalanche coming
HOLY SHIT. That is very very bad for the interest rates and the free market. Good move by Denmark, they hit us where we hurt.
Japan can’t be too far behind
$100 million is a bunch, but not yet a great bunch.
Enough bunch to be an effective shot across the bow, though.
100mn is a tiny chip of the great debt mountain that is the United States. But it’s a start, and the EU can do much bigger damage in the next round.
And the finances can be fixed if the US taxed the wealthy… it’s not that complicated.
A fine symbolic gesture.
> Treasury Secretary Scott Bessent denied on Tuesday that European countries would bail on U.S. Treasuries while speaking at the World Economic Forum in Davos, Switzerland.
>
> “I think it is a completely false narrative,” he said, according to the Guardian. “It defies any logic, and I could not disagree more strongly,” he added.
Oh, speaking of moves that defy logic, Mr. Bessent…
> European countries own $8 ~~billion~~ trillion worth of U.S. bonds and equities, nearly double the amount of the rest of the world combined.
Wow, I honestly didn’t know this. Who needs nukes as deterrent in such a scenario.
Edit: Fixed a typo in the article! I thought that sounded funny…
Keep going. Make us eat our awful decisions.
Run on the $, reserve currency status handed over to China
What does selling us debt mean? It sounds like passing debt to someone else.
instead of just pulling out, why don’t they short US stocks? they should put money where their mouth is.
trump had the Federal Reserve print eight trillion dollars in currency and flooding it into the market economy causing inflation and the value of the dollar to drop and those countries have a right to sell them off for the benefit of their citizens, businesses and government.
Ive read through the thread ideas and havnt seen the most effective approach mentioned,Personally sanction Trump inc. as if he was a demented dictator?
He has property in the UK,Scottish golf course.Oh boy would he take that personally.No worldwide economy meltdown(Though maybe worldwide nuclear meltdown).
Is this possible for the Eu/Uk to do legally?
If they do it at the right time they can really push up the interest rate on US debt costing the US much more than 100m
Realistically how much is that? Is that just a smart shot across the bow?. When they sell who buys ? If they sell too much or others do the same do the buyers become scarce causing a price drop? How might this pan out?
Donny: “I’m putting a tareif on anyone who sells US treasures”
This is the way. No winners but America loses bigger. Putin has a real charmer down there.
Ah, there we go. That’s the proper big button domino the uncaring sociopaths will actually be threatened by. There is no other way, consequences have to be felt.
Dump em all
The sooner you sell, the less money you’ll lose.
Art of the deal ay
Is it an actual irl option to sanction him personally as a sitting president?
Edit typo
While this Danish pension fund’s move makes a political statement about concerns with U.S. fiscal management, the actual financial impact is negligible at just $100 million. Japan holds over $1.1 trillion in U.S. debt, making this Danish sale equivalent to pocket change in comparison. China dumped $600 billion worth of Treasuries last year without causing any real market disruption, so this tiny sale won’t even register as a blip on the radar. It’s more symbolic than substantive, reflecting growing international concern about America’s fiscal trajectory under chaotic leadership rather than representing any meaningful financial threat.
As an American…that’s fine. I just hate the fact that ~75% of the population has to suffer for the rest of these morons.
I guess it’s a start… maybe a small spark
Non-US nato outnumbers our military (US has 1.32m active duty personnel vs 2.12million active duty for non-US NATO)
They also have a shit ton more equipment for the arctic, are trained year round in those conditions (US has 3 ice breakers vs non-US NATO has 45 ice breakers across Canada and Scandinavian countries) this is literally how allies in that part of the world tripped up the German Nazis by leading them further into desolate arctic conditions they couldn’t cope with
Plus the other countries who would jump in to defend Europe as we attacked them first.
And all the countries we fucked over through the years who we can’t attack back because we can no longer use European US bases to reach them
We also have 2 now hostile neighbors who likely wouldn’t protect the borders
And no allies to even help us fight anyone while we’re also having to fight the early stages of a civil war
All while countries are dumping our debt and trashing our economy
We would never be welcome in Europe again
I think Trump is just seeing it as defeating Europe as a smaller country with a smaller military but it wouldn’t go like that.
“I am selling these items because they are unreliable.” Great way to send a message, but not an optimal sales strategy.
YESSSSSS DO ITTTTT
But but but… it is biden’s fault /s
Time to take Greenland
Hold onto your butts!