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Danish pension fund divesting US Treasuries

reuters.com

241–250 of 857 posts

Re: Danish pension fund divesting US Treasuries

#241
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…

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Re: Danish pension fund divesting US Treasuries

#242
post #153

Earlier quoted context omitted.

We've literally had a civil war so I'd say your argument is a bit off the mark.

Correct, I assumed others would understand I meant since the last civil war. Edited the comment to clear up my intent. Thank you.

It's still absurd. Today isn't close to what we saw during the depression or the 70s or desegregation or the Rodney King riot. Besides that, there's no plausible fault line in the military or any sort of ethnic or religious or regional fault line where two sides could form to fight each other.

Re: Danish pension fund divesting US Treasuries

#243

Earlier quoted context omitted.

There's no chance US will default on its debts, all it has to do is to print more money. Inflation may spirale, but it's going to be a US citizens problems (as well as US bond holders) in terms of inflation and budget cuts.

> 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 US has spent an overage of $13 to $16T in 2025 dollars. Let's credit the account for that and see who owes who...

Re: Danish pension fund divesting US Treasuries

#244
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…

Far more important, I'd say, are the European countries having already got together to discuss joint sanctions/tariffs against the USA (their nominal NATO partner) if Trump moves to seize Greenland. Macron has also said that he wants no part of Trump's (billion dollar entrance fee) "peace board" that he's going to be pushing at Davos. A divorce from the USA would certainly hurt Europe, but it will also hurt the USA a…

Precisely. If the USA wants to be trusted at all it needs to act now or it will be too late. This is the precipice and without action from Congress & the Senate the rest of the world will make up their own mind about the country as a whole. This is probably one of the most expensive moments in history.

Re: Danish pension fund divesting US Treasuries

#245

Earlier quoted context omitted.

On the contrary. The ones that want to see dead Americans are currently sitting in the Whitehouse. Mostly because it won't be them on the receiving end of it and they get to plunder the country. Smaller cake, but more for me seems to be their motto.

I think perhaps multiple people can want to see dead Americans. There is definitely a subtext of glee in this discussion of modern American civil war imo.

Not with the Europeans that I know, they are all absolutely aghast at every single murder. It is one of the reasons EU countries are reluctant about participating in any war, they always hope to avoid it (and as a result sometimes get much larger ones...).

Re: Danish pension fund divesting US Treasuries

#246

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…

> 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. this is satire right? the UK's system is close to 1000 years old I doubt the current US system will last another decade > with hundreds of global military bases all of which w…

The UK's current system is realistically about the same age as the US, their first PM was in the 18th century. Unless you're claiming the King/Queen is still in control of everything. You can't have that premise both ways.

Re: Danish pension fund divesting US Treasuries

#247

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…

To be fair, the user can speak to NATO's value without assigning it a 'critical' value.

Re: Danish pension fund divesting US Treasuries

#248

Earlier quoted context omitted.

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.…

The deficit reliably starts to come down whenever a Democrat leadership is in place. It then jumps back up under the Republicans.

It blows my mind that republicans are still seen as the fiscally responsible party.

Re: Danish pension fund divesting US Treasuries

#249
post #83

Earlier quoted context omitted.

> That sounds like a rhetoric for better negotiating power against Trump. In the Canadian example at least the deal is signed. It's not just words. > Chinese are our adversaries Increasingly the US is a European adversary. They are literally threatening to invade the territory of a European country! China isn't doing that. Very easy to dismiss it as the rantings of a madman but no-one is holding him back. People didn…

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

if there were more valuable reasons, talking publicly about it would only drive up the price.

Re: Danish pension fund divesting US Treasuries

#250

Earlier quoted context omitted.

At the end of the day, their Foreign Minister and their entire foreign policy apparatus has consistently stated they will prioritize Russia over the EU for national security reasons (Central Asia, North Korea, Japan). The EU signing an FTA with India on Jan 27th is also a negative sign for China-EU relations.

Foreign Ministries of all countries are known to speak the unvarnished truth at all time

Actions speak louder than words and China is supporting Russia.
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