Earlier quoted context omitted.
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Haven't you done enough to wreck your reputation by now? For reference: https://news.ycombinator.com/item?id=46685072
Danish pension fund divesting US Treasuries
471–480 of 857 posts
Re: Danish pension fund divesting US Treasuries
#472Earlier quoted context omitted.
> The goal of Europeans is not to work. What, would you say, all these entrepreneurs in Silicon Valley are doing here? They are all trying to invent something so that they don't have to work anymore . > They will continue to sell their crown jewels to the highest bidder, because no one wants to work. Is this about Europe or the US?
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Re: Danish pension fund divesting US Treasuries
#473Earlier quoted context omitted.
It’s wishcasting. Some people just want to see dead Americans.
It's also stupid. A US civil war which went far enough to fragment the country would in actuality be a global WWIII and lead to billions of deaths.
Re: Danish pension fund divesting US Treasuries
#474Earlier quoted context omitted.
This is effectively a defection, which in game theory may make sense but we're talking about a lot of lives and the established world order here. You mess with that at your peril, the idea that you can just pretend we're playing a game of Risk here is idiotic. But once you get past a certain point momentum takes over. We may already be there, maybe not quite, but this is about as dangerous as it has been in a very lo…
I agree, but due to the revealed preference of the current rhetoric and how this becomes a defacto method of departure, rather than the choice to depart itself.
There was some measure to ensure that Trump could not take the US out of NATO, he seems have been trying to find some alternative that has the same effect and he may well have found it.
Re: Danish pension fund divesting US Treasuries
#475Earlier quoted context omitted.
Think of it as a bowshot. There are many more such 10 to 100 billion funds and they can move at the drop of a hat if they have to.
Can. Won't. There is no safer place to stash money in the world. Nobody buys treasuries for the fun of it. They do it since that is the safest place to stash money long term.
People buy treasuries because they expect a return. If a party is threatening to get into a shooting war with you your expectations of a return drop significantly. This then causes that party to protect their investment, the last one to defect will hold the bag. The US is signalling on all wavelengths that it is no longer the safest place to stash money, long term or otherwise.
Re: Danish pension fund divesting US Treasuries
#476Earlier quoted context omitted.
If the US invades Greenland, and is at war with Denmark, will it still pay its debts to a Dane?
I'm quite sure that debts are paid in any case because not paying them would be a disaster for the bond issuer. The procedure in times of war, at least by the US treasury is to put the payments in a blocked account that is then given to the citizen of the opposing country post war. This is also why russian assets in US/EU banks, e.g., are only frozen: doing any other thing with them would instantly trigger the entire…
Re: Danish pension fund divesting US Treasuries
#477Earlier quoted context omitted.
Haven't you done enough to wreck your reputation by now? For reference: https://news.ycombinator.com/item?id=46685072
Who cares about reputation? He's spent countless hours advocating for telcos and neutering the FCC without disclosing the significant income he earned or his work as a telco lobbyist, so why start now?
Re: Danish pension fund divesting US Treasuries
#478Earlier quoted context omitted.
> backed by half of the US voters False. People who say this don’t know that a large percentage of Americans don’t care to vote.
"If you choose not to decide, you still have made a choice".
38% for Harris, 39% for Trump. Larger number wins. The other 23% who did not vote are null choice and could have made a difference.
Re: Danish pension fund divesting US Treasuries
#479Earlier quoted context omitted.
Can. Won't. There is no safer place to stash money in the world. Nobody buys treasuries for the fun of it. They do it since that is the safest place to stash money long term.
That's your opinion, which you are of course welcome to. People buy treasuries because they expect a return. If a party is threatening to get into a shooting war with you your expectations of a return drop significantly. This then causes that party to protect their investment, the last one to defect will hold the bag. The US is signalling on all wavelengths that it is no longer the safest place to stash money, long t…
Re: Danish pension fund divesting US Treasuries
#480Earlier quoted context omitted.
> There's no chance US will default on its debts Until Trump says he's going to, then his boosters will declare its a genius maneuver and actually its Joe Biden's fault (Joe made him do it!)
Do you the think the EU and its individual country members from 1949 to present carried their fair share of the NATO spending ($55 to $60T), or troops and equipment deployments, or did they "default" on their side of the treaty? The US has paid 65 to 70% of the total of $1.4 to 1.5T/year from 2018 to 2025. That's 9.8T in 8 years (2018 included). Our soldiers, not theirs, carried the weight. If you go per capita, The…