So it begins.
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii I guess it will be a slow and long crumbling of trust in US economy and politics.. in 5 years it will be interesting to see if this has turned out to be true.
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@nemeciii I guess it will be a slow and long crumbling of trust in US economy and politics.. in 5 years it will be interesting to see if this has turned out to be true.
@Huopa It already crumbles since Shrimps first term. Now, as the US have arrived to beign a fascist state, where most inhabitants stay all too indifferent towards their own oppression, I'd expect to degrade the rest of trust from elsewhere in no time. Greenland was really a notable peak, as that affects NATO. -
So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii @bmacDonald94 Indeed, pension funds have to think long term, and the US is not a growth story.
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undefined _elena@mastodon.social shared this topic
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii With zero immigration U.S. gdp is growing much more slowly than a year ago. But we're still piling on the debt. So debt / gdp is growing ever faster.
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii Amazing news!
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii If there is more of this I assume it will crash the US market.
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
FIRE THE BAZOOKA!!!!!!!
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii Do it! Until the rich white guys are feeling the pinch they will hardly care what this administration does to us commoners. Strikecwhere it hurts them!!!
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii Hell yeah! Collapse the US please!
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii Trump's response to this is, of course, going to be to threaten Denmark and demand that they not do it, which is just going to encourage others to follow Denmark's lead.
The U.S. economy crashing is in my opinion the only thing that has any chance of propelling Trump out of office, so the sooner it happens the better.
I've already pulled nearly all my money out of the stock market. -
undefined oblomov@sociale.network shared this topic
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So it begins.
Danish pension fund to dump US treasuries "The US is basically not a good credit and long-term the US government finances are not sustainable," says chief investment officer.
Europe holds $8 trillion in USA bonds and equities. This is just the beginning.
@nemeciii even if Trump wasn’t being an asshole towards the world, just his presence in the White House should be enough to divest oneself of US treasury assets.
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