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Danish pension fund divesting US Treasuries

reuters.com

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Re: Danish pension fund divesting US Treasuries

#61

Post by jeltz »

JumpinJack_Cash wrote: post #37

This divestment is so little and with so little aim. The whole situation is been caused by a single guy and 400 enablers, whereas the US is a 400 million people country. The correct form of reaction is a punch in the face during a bilateral meeting, Zelensky came close to doing it but unfortunately he resisted his impulse , that's where the epicenter of all newly generated global problems in the last 10 years lies, i…

Why don't you go up and punch him in the face yourself? Especially if the problem is just one man and 400 enablers hat should be trivial. Just find 1000 people to beat them up.

In reality that one man is backed by half of the US voters, the Republican Party a lot of rich and powerful people, a clear majority of the police forces and an unknown part of the US military.

Re: Danish pension fund divesting US Treasuries

#62

Post by CamperBob2 »

qgin wrote: post #41

So much of the way the United States works is having a nearly limitless source of borrowing at low rates in the form of selling treasury bonds. The further we get away from that being true, the more precarious things become.

We're under active, malicious attack by 1/3 of our own eligible voters. Not clear how this will play out, as I can't think of any historical parallels.

Re: Danish pension fund divesting US Treasuries

#63

Post by shermantanktop »

jimnotgym wrote: post #11
adrr wrote: post #2

What happens when USD stops becoming the the reserve currency for the world? And who takes its place?

My guess would be EUR takes its place, gold will also be used more. I guess what happens is USD gets much weaker and US buying power goes down. Maybe destroying the USD will eventually cause the boost to domestic manufacturing that Trump wanted, since foreign goods will be out of reach. Cut down the forest to kill a squirrel. I'm no expert though

Historically, gold’s day in the sun is always juuust around the corner, right after the disastrous collapse that never quite arrives.

Now that we really do have a destructive realignment underway, maybe gold will actually be useful again. I doubt it, but I’m no currency expert.

Re: Danish pension fund divesting US Treasuries

#64

Post by mythical_39 »

petcat wrote: post #3
adrr wrote: post #2

What happens when USD stops becoming the the reserve currency for the world? And who takes its place?

That would never happen until the US Navy ceases to be effective globally.

I saw an interesting article about plumbing problems on one of our aircraft carriers.

https://www.npr.org/2026/01/17/nx-s1-5680167/major-plumbing-...

Re: Danish pension fund divesting US Treasuries

#65

Post by estearum »

petcat wrote: post #26
sonotathrowaway wrote: post #10

Earlier quoted context omitted.

You mean like how the Houthi’s unilaterally decided to shut down Red Sea shipping and the US Navy is still powerless to restore it?

That's regional politics. Nothing to do with the superiority of one navy over another

What? The Houthis shutting down a major global shipping route and the US openly giving up on restoring it is not "regional politics."

Re: Danish pension fund divesting US Treasuries

#66

Post by pixelpoet »

vdupras wrote: post #46
WarmWash wrote: post #9

Earlier quoted context omitted.

The dollar sucks but everything else is worse.

Hey, it's nice that you came in signed up to HN to cheer for the USD. I think it's going to be needed to change the overall sentiment.

Yep, nothing signals stability and genuine sentiment like a bunch of brand new accounts swooping in and touting the strength of the dollar.

HN seems totally fine with this behaviour too, also super reassuring.

Re: Danish pension fund divesting US Treasuries

#67

Post by lostlogin »

toomuchtodo wrote: post #35
exabrial wrote: post #23

The US keeps voting to raise its debt cieling. Theres not end in sight to endless taxation by both parties. Nobody is reducing spending and delivery continues to go down.

Congress passed a tax cut last year for the wealthiest as part of the One Big Beautiful Bill (“OBBB”) that increases the debt by $1T-$4T over ten years. What taxation by both parties? The US pays $800B/year to service debt. It pays $800B-$1T/year for the military. What would you like cut that is discretionary? There appears to be no appetite to raise taxes on the wealthy, pay down debt, and reduce military spending.…

> Congress passed a tax cut last year for the wealthiest as part of the One Big Beautiful Bill (“OBBB”)

I think you need to call it by its real name.

One Big Beautiful Bill Act.

You can tell how much care and considering went into if from the name.

https://en.wikipedia.org/wiki/One_Big_Beautiful_Bill_Act

Re: Danish pension fund divesting US Treasuries

#69

Post by tomaskafka »

afavour wrote: post #42

It's symbolism. But it's important symbolism. Far more notable, I think, is Macron saying this morning that Europe needs more investment from China. Canada signing a deal with China to allow their cars to be sold in the country. It's all a sliding slope until it reaches a breaking point and falls off like a cliff. EDIT: to quote the Canadian PN earlier today: “American hegemony in particular helped provide public goo…

That sounds like a rhetoric for better negotiating power against Trump. Chinese are our adversaries (EDIT: enemies, they actually bankroll Russian invasion and supply weapons) and I hope president of France understands that.

Re: Danish pension fund divesting US Treasuries

#70

Post by busterarm »

afavour wrote: post #42

It's symbolism. But it's important symbolism. Far more notable, I think, is Macron saying this morning that Europe needs more investment from China. Canada signing a deal with China to allow their cars to be sold in the country. It's all a sliding slope until it reaches a breaking point and falls off like a cliff. EDIT: to quote the Canadian PN earlier today: “American hegemony in particular helped provide public goo…

Canada needs cheaper cars than US manufacturers want to provide. US brand cars have all been going higher dollar and further up market in recent years.

Quebec is famous for the "Quebec Special". Cars with manual everything. No AC. Manual windows. Completely stripped down to be as affordable/disposable as possible. Also the roads are absolute shit, they never wash off the salt, there used to be no inspections and title-washing is common practice there.

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