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Danish pension fund divesting US Treasuries

reuters.com

211–220 of 857 posts

Re: Danish pension fund divesting US Treasuries

#211

Earlier quoted context omitted.

It’s over 50% and there are plenty of plainly obvious parallels both historical and contemporary.

It is 49.8% (people who voted Trump in 2024) of 64.1% (people who voted in 2024), or 31.9% or ~1/3 of the total eligible voting population, which is what your parent states.

The parent comment was edited after my reply.

Re: Danish pension fund divesting US Treasuries

#212

Earlier quoted context omitted.

Maybe you'd trust Blackrock's CEO instead? I live in the US and I have rotated away from US equities and treasuries to derisk from volatility of poor governance (both this administration and long term fiscal policy). BlackRock CEO delivers blunt warning on US national debt - https://www.thestreet.com/investing/blackrock-ceo-delivers-b... - January 18th, 2026 The U.S. Deficit Will 'Overwhelm This Country': BlackRock C…

I don’t disagree that our fiscal situation is unsustainable. I’m curious specifically about the people envisioning (with barely disguised glee) the US erupting into a civil war within 5 years, as they seem somewhat to have lost touch with reality.

> I’m curious specifically about the people envisioning (with barely disguised glee) the US erupting into a civil war within 5 years, as they seem somewhat to have lost touch with reality.

The MN governor has called up their National Guard to help local law enforcement. The Pentagon is readying troops as well, presumably to help federal officials (ICE).

If both sides think they are following lawful orders, and neither side will give, what do you think will happen? (I have no answers.)

Further, there are folks that want a conflict because the West has become too decadent or something, and some conflict is needed to toughen up (?):

* https://en.wikipedia.org/wiki/Accelerationism

* https://en.wikipedia.org/wiki/Dark_Enlightenment

Re: Danish pension fund divesting US Treasuries

#213

Earlier quoted context omitted.

I really don't get the Greenland thing. Is there some 4D chess reason for it? The US already has military bases there and could probably have as many more as they wanted if they just asked nicely. So the whole security thing is a pretext

No one's really put out a strong case for it like that. You could argue it's a lot of land that's underpopulated and might be valuable in twenty years with global warming or something? But the simpler answer is that Trump seems to personally like the idea of adding a big landmass to the US for ego reasons. He talked about it last term too with the same excuses mostly.

Probably to indelibly put his name on a piece of the US. How did we get Greenland? Trump.

Re: Danish pension fund divesting US Treasuries

#215
post #209

Earlier quoted context omitted.

The EU can't mend ties with China without giving up on Ukraine as China's FM Wang Yi has stated [0] on multiple occasions [1]. Additionally, in the Chinese foreign policy space, the EU is viewed as weak [2], and largely through the lense of the US-China rivalry (which is how the US views the EU as well now). [0] - https://www.scmp.com/news/china/diplomacy/article/3316875/ch... [1] - https://www.reuters.com/world/chin…

Wang explicitly said that support for Russia in the war is about diverting the US focus from China. If the US shows it doesn't care about Ukraine's future (and Wang told the truth), then I doubt Chinas support will stay as is for long. At most it will be a bargain in the coming EU-China negotiations.

Russia continues to be a significant player in North Korea and Central Asia as well, and this requires Russia-China cooperation. Additionally, if a hot conflit between the US+PH+JP+TW and China happens, China will have to utilize Russian supply and logistics chains to a certain extent (eg. the Chongqing–Xinjiang–Europe railway).

Re: Danish pension fund divesting US Treasuries

#216

Earlier quoted context omitted.

You’re assuming the people in charge are sane, rationale, and value past decisions that have worked out. It’s quite clear with the now likely permanent damage to NATO this isn’t the case.

You're assuming NATO is somehow critical for the US. It is not. NATO is critical for the European powers (those not named Russia). The US doesn't require it. The US doesn't need to defend Europe any longer. And it's clear the Europeans don't want the US there, so it works out great. Europe can boost its defense spending by ~$300 billion to make up the difference, or not, whatever they choose to do is up to them. The…

This is not a one sided thing. The US has been allowed to do a lot of things under the NATO umbrella that it benefited from (such as: selling a vast quantity of arms). Soft power is a thing and the North Atlantic Treaty Organization came into being to deal with exactly the kind of situation that we are viewing today. To see the US bow out, and in fact threatening allies is duplicitous at best.

Re: Danish pension fund divesting US Treasuries

#217
post #104
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…

In a "might makes right" world, Europe clearly needs more might, and then it makes sense to improve relations with China; not a lot of options.

Literally every single one of Europe's prized industries are in the crosshairs of China's industrial ambitions.

Re: Danish pension fund divesting US Treasuries

#218

Earlier quoted context omitted.

The US is more stable than the powers of Europe (which have constant political upheavals, snap elections that completely remake the political landscape, etc). You're confusing Trump's mouth with how the US political system actually functions. Just because the US changes political direction, that doesn't equate to instability. Its aims are changing, like it or not, good or bad. The US deciding it wants Greenland is no…

> Its median income is at an all-time high. Its median dispoable income is at an all-time high. Its housing wealth is at an all-time high. Then why is everyone so damned unhappy all the time?

The US used to be a much more homogeneous country, which certainly makes it a lot easier for everyone to be on the same page because of shared cultural values.

That has changed dramatically in the past few decades and with it, places where Americans can find common ground.

Other western countries are going down the exact same path, just a bit behind us.

Re: Danish pension fund divesting US Treasuries

#219
post #188

Earlier quoted context omitted.

Of course it would have consequences, but US has had multiple huge waves of inflations and very high interest rates, we've all survived.

The US has never dealt with hyperinflation.

The US isn't going to get hyperinflation. It's going to get a Japan style heat death. More and more wealth concentrated into low yielding debt, rather than invested into growth, while purchasing power is chewed up by persistent currency debasement. Japan never did suffer real deflation (that was a lie), it suffered massive inflation: they debased the Yen to garbage levels, drastically chopping down the standard of living of the typical Japanese person, wiping out their wealth, eroding the value of their output per capita. Only in a twisted, failed Keynesian experiment could one confuse such epic scale inflation with deflation. What they thought was deflation was an economic heat death due to their productive capital being tied up in low yield debt.

Re: Danish pension fund divesting US Treasuries

#220
post #196

This sundering of US-European relationship feels like watching a trainwreck in slowmotion. It's all so stupid and avoidable. Is there really nothing that can be done?

The Supreme Court can rule Trump’s ability to unilaterally impose tariffs illegal (and they’ll be ruling one way or the other very very soon).
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