We should dump our $200b as well, and invest in Europe instead.
Real-Repair-1825 on
This “news” happened a few days ago right?
Because posting about “the first domino” falling loses alot of its luster when people keep posting the same “domino” over and over as if it were a new development.
Miserable_Pie_8337 on
Are we great again yet… 🤔
lamin-ceesay on
Why are only the Scandinavian nations in Europe taking real progressive steps away from the US products, services, and investments?
Falagard on
Now the rest of the world needs to follow.
Znarl on
All this talk of coming up with ideas on how to encourage private European funds to dump US treasuries. Far easier to accept funds will always act selfishly and remove any hurdles pretending them from selling.
Besides commodities like gold and silver there doesn’t seem like too many viable alternatives however.
dub-fresh on
This is the “trump” card the world has against the USA. Drop USD as the reserve currency. It will decimate the US economy
EffectiveFoxshroom on
And what are they investing in?
RedditZhangHao on
Counterparty(ies) bought $8.8B in US bonds previously owned by Sweden’s largest pension fund.
Royal-Hunter3892 on
The turbulence in the Bond Market and Stock Market have definitely played some role in deterring Trump’s hostile rhetoric against EU .
Jlipps37 on
Ouch.. anyway..
Formal_Preference768 on
Get out while you can
Everything54321 on
Nice one!
Strange_Drive_6598 on
Trump helped EU, India, Canada, China and other countries to open their eyes and reevaluate their investment choices.
ThatsItImOverThis on
This is just the opening salvo.
vetgirig on
Good for them. The values of those US Bonds has depreaciated with 22% because of currency fluctuations:
First China now Sweden. Looks like trump pushed too hard. If the eu follows suit and starts dumping bonds thats not going to be good for the American dollar
sublime_mime on
So it begins
uddipta on
… Over the course of a year …
RobertVendetta on
So right now I’m opening a pension fund in EU (live in Italy) which should be 100% stocks for 30+ years. However, I do know that up until now they invest about 70% in EU stocks
Should I hold out and wait? Or it’s actually convenient opening it now, as stock prices might be decreasing?
2020bowman on
This is great
stinkybumbum on
Well done Sweden, plenty of other places to invest in
jodirm on
#DumpTrump 👏👏👏
pipb1234 on
Dump it
blinkysmurf on
*Nelson Muntz, points and laughs*- “Ha Ha!”
Accomplished_Lab_656 on
honestly how can one stupid man anger so many?
Fatsea on
We in Norway will always be kate to the party, even a stupid idea (not this one) we will adopt 1-2 years later, we are followers nor leaders.
Winter_Criticism_236 on
Sell high.. wait to long and US dollar will be a dollar store
DuctTapeWillSortThat on
They just got more value for their buns than anyone else Will. Smart move
Otazihs on
The dollar will collapse if things keep going the way they have. And to top it off, we have an administration that is seemingly hell-bent on accelerating its collapse.
z0rb0r on
Wish I was Canadian. But the weather up there is…pretty harsh.
35 Comments
So it begins
This has been posted several times already
We should dump our $200b as well, and invest in Europe instead.
This “news” happened a few days ago right?
Because posting about “the first domino” falling loses alot of its luster when people keep posting the same “domino” over and over as if it were a new development.
Are we great again yet… 🤔
Why are only the Scandinavian nations in Europe taking real progressive steps away from the US products, services, and investments?
Now the rest of the world needs to follow.
All this talk of coming up with ideas on how to encourage private European funds to dump US treasuries. Far easier to accept funds will always act selfishly and remove any hurdles pretending them from selling.
Besides commodities like gold and silver there doesn’t seem like too many viable alternatives however.
This is the “trump” card the world has against the USA. Drop USD as the reserve currency. It will decimate the US economy
And what are they investing in?
Counterparty(ies) bought $8.8B in US bonds previously owned by Sweden’s largest pension fund.
The turbulence in the Bond Market and Stock Market have definitely played some role in deterring Trump’s hostile rhetoric against EU .
Ouch.. anyway..
Get out while you can
Nice one!
Trump helped EU, India, Canada, China and other countries to open their eyes and reevaluate their investment choices.
This is just the opening salvo.
Good for them. The values of those US Bonds has depreaciated with 22% because of currency fluctuations:
https://www.google.com/finance/quote/SEK-USD?sa=X&ved=2ahUKEwi2h5WDhaGSAxXiGBAIHSxMBeUQmY0JegQIDRAp&window=1Y
First China now Sweden. Looks like trump pushed too hard. If the eu follows suit and starts dumping bonds thats not going to be good for the American dollar
So it begins
… Over the course of a year …
So right now I’m opening a pension fund in EU (live in Italy) which should be 100% stocks for 30+ years. However, I do know that up until now they invest about 70% in EU stocks
Should I hold out and wait? Or it’s actually convenient opening it now, as stock prices might be decreasing?
This is great
Well done Sweden, plenty of other places to invest in
#DumpTrump 👏👏👏
Dump it
*Nelson Muntz, points and laughs*- “Ha Ha!”
honestly how can one stupid man anger so many?
We in Norway will always be kate to the party, even a stupid idea (not this one) we will adopt 1-2 years later, we are followers nor leaders.
Sell high.. wait to long and US dollar will be a dollar store
They just got more value for their buns than anyone else Will. Smart move
The dollar will collapse if things keep going the way they have. And to top it off, we have an administration that is seemingly hell-bent on accelerating its collapse.
Wish I was Canadian. But the weather up there is…pretty harsh.
Legendary move.
I really hope this isn’t the first domino