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Danish pension fund divesting US Treasuries

reuters.com

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Re: Danish pension fund divesting US Treasuries

#261

Post by justin66 »

epolanski wrote: post #113
alphazard wrote: post #94

Earlier quoted context omitted.

> It's symbolism. It's not. This is where the financial rubber meets the road, actions have consequences, and the rest of the world is looking at the US as increasingly unlikely to pay above inflation on its debts. The people managing the pension funds (if they are acting in good faith) really want to generate yield, and really want to preserve capital for the Danish people. They don't want to symbolically do those t…

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.

As far as I know, Trump is unique among American leaders in having mused stupidly in public about not paying all holders of US Treasury debt.

But I'm sure he would not do anything crazy. That's just inconceivable.

Re: Danish pension fund divesting US Treasuries

#262

Post by whimsicalism »

jacquesm wrote: post #245
whimsicalism wrote: post #231

Earlier quoted context omitted.

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...).

Hard for me to see anyone who says an American civil war is a best case scenario as not cheering for American deaths and I'm skeptical that this was written by an American as it sounds far too out of touch and 'wishcasty' as someone else said.

Re: Danish pension fund divesting US Treasuries

#263

Post by Beretta_Vexee »

corimaith wrote: post #217
moogly wrote: post #104

Earlier quoted context omitted.

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.

But none of its citizens nor territories for the moment.

Re: Danish pension fund divesting US Treasuries

#264

Post by thrance »

lateforwork wrote: post #141

This quote from Trump is very revelatory: “I’m a real estate developer, I look at a corner, I say, ‘I’ve got to get that store for the building that I’m building,’ etc. It’s not that different. I love maps. And I always said: ‘Look at the size of this. It’s massive. That should be part of the United States.’” Source: https://www.nytimes.com/2026/01/20/us/politics/trump-greenla...

[flagged]

Re: Danish pension fund divesting US Treasuries

#266

Post by blibble »

adventured wrote: post #246
blibble wrote: post #167

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. 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.

> The UK's current system is realistically about the same age as the US

no, it's evolved continuously from 1066

by the time of the US rebellion, the king was already neutered

> their first PM was in the 18th century.

the title of "Prime Minister" is a modern invention (and not a formal position)

there has been a Lord High Treasurer since the 1100s

a constitutionally limited monarchy is older than the US

meanwhile the modern US seems to be a absolute monarchy that isn't constitutionally limited

Re: Danish pension fund divesting US Treasuries

#267

Post by senderista »

nemomarx wrote: post #114
foobarian wrote: post #103

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.

It's the Mercator projection's fault

Re: Danish pension fund divesting US Treasuries

#268

Post by JumpinJack_Cash »

whimsicalism wrote: post #146
toomuchtodo wrote: post #133

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.

> > the US erupting into a civil war within 5 years, as they seem somewhat to have lost touch with reality.

When your material needs are satisfied then only ideological battles remain to be won.

And having lots of material stuff you have plenty to throw at the enemy.

It's already happening. People are willing to forego their material needs and harm the country and themselves to 'own' and defeat the other side.

The only hope is that the ideological wars become so scattered and around so many topics and centers of power that it's not 70m people vs. 70m people or that the ideological wars are slow that people realize that they come with a loss of quality of life and material wealth and rebalance towards the latter instead of pursuing the 'owning the other side' doctrine

Re: Danish pension fund divesting US Treasuries

#269

Post by mitthrowaway2 »

adventured wrote: post #219
Retric wrote: post #188

Earlier quoted context omitted.

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 li…

Have you been to Japan? Salaries are low, but stuff is crazy cheap (even after the past year of inflation). People are still feeling whiplash from the fact that prices can change at all. Many menus and items have prices that have barely changed since the early 1990s, and most of those changes were to add sales taxes to the menu.

The exchange rate of the yen has dropped recently by a lot, but the inflation experience there has been the exact opposite of America's.

Re: Danish pension fund divesting US Treasuries

#270

Post by monero-xmr »

corimaith wrote: post #229
epistasis wrote: post #81

Earlier quoted context omitted.

When you say "nearly limitless" source of borrowing, the limit is the gain in global wealth. The US has been siphoning off a huge chunk of world wealth by printing dollars to serve as the currency for that wealth. All the people complaining about "US Debt" and $26T of "net investment" or whatever don't realize that this is/was the benefit of the US being stable, strong, and friendly. When the US is unstable, weak, an…

You do realise it is arthimetically impossible to balance all the desired export surpluses of the EU, China, Japan, etc together without the US as the demand sink right? Whatever adjustment comes is certainly going to require somebody to act in a manner contrary to their current strategies, and it's going to be a painful adjustment. And which is harder? Bringing back production to satiate domestic demand or increasin…

Single most accurate and astute comment on the entire page. Not everyone can be a net exporter, of course…
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