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Danish pension fund divesting US Treasuries

reuters.com

271–280 of 857 posts

Re: Danish pension fund divesting US Treasuries

#271

Earlier quoted context omitted.

It's not pure symbolism. The most effective way to reduce the global threat the US is appearing to pose more as of late, is to hit the dollar. The US economy is in a very precarious state, tensions along political ideology lines are high, and it would not take much more than a worsening of economic conditions plus a catalyst event to kick off armed unrest within the country. A new civil war that drives the US to frag…

> A new civil war that drives the US to fragment into several independent regions over the course of the next ~five years would kind of be the best scenario from a global perspective. The US isn't going to passively give up its hold on the world order. You don't think this would trigger a world war? And if / when the US does topple (whether in 10 years or in 1000 years), at the moment it looks like the only viable ne…

[deleted]

Re: Danish pension fund divesting US Treasuries

#272

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

There have been mumblings about mineral wealth, and about strategic bases. None of them really make a lick of sense. It does not look as if it's serious. But this is a deeply unserious administration, so it's hard to guess.

If they want mineral rights those will be arranged easily with basic diplomacy and investment. They had 17 military bases there during the Cold War and that contract stands. Greenland is under NATO article 5 protection. There is no rational net-positive reason for this no matter what dimension you look in

Re: Danish pension fund divesting US Treasuries

#273

Someone should tell the orange guy that we can also stop respecting our obligations. It’s a two way street. It would be a shame if something happened to your ITAR-protected secrets, for example. The US would lose a lot of leverage if they cannot use European military bases. Let’s see how fast Trump goes to bed with Putin…

You are already not respecting your obligations. It's a two way street.

Re: Danish pension fund divesting US Treasuries

#274

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.

In "defense" of Republicans, the MAIN reason for deficit increasing under Republicans is that their administrations often end with some type of economic disaster. Their increased spending is part of the picture, but not as responsible as the impacts from final year recessions.

Re: Danish pension fund divesting US Treasuries

#275
post #172
post #61

Earlier quoted context omitted.

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.

> 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".

Re: Danish pension fund divesting US Treasuries

#276

Earlier quoted context omitted.

> The US economy is in a very precarious state, tensions along political ideology lines are high, and it would not take much more than a worsening of economic conditions plus a catalyst event to kick off armed unrest within the country. Do you remember the situation that precipitated the Nazi takeover of Germany? Wasn't it hyperinflation and economic collapse? And you think it would be a good idea to push the US furt…

The rest of the world is not going to be bullied into submission by one guy. If you can't take care of your own problem then eventually the world will turn away from you. This has the obvious potential of spiraling out of control but Trump is first and foremost the responsibility of the US population. The rest of the world will pick up the pieces. But he needs to be kept inside the lines or he'll run into people who…

But "not getting bullied" is and entirely different thing than thinking a US civil war would be a good thing for the world or "reduce the global threat" (which is just bonkers).

Like, we're all amateurs on a web forum, but it's best to avoid monomaniacal, first-order thinking.

Re: Danish pension fund divesting US Treasuries

#277
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?

Of course there is. Less than 500 Americans can stop your nightmare tomorrow morning. If they just do their jobs.

Re: Danish pension fund divesting US Treasuries

#278

Earlier quoted context omitted.

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 titl…

Is this a thing? I have never heard about that, living in QC for the last 20 years and owned and rode dozens of cars. The car salesman looked at me as a rare species when I wanted a manual Soul. I have never seen an no AC or manual windows car here.

Sorry, I'm old. I last lived in Canada 20 years ago. Times do change, but yes this very much used to be a thing. Base model/optionless imports still are, however.

Everything I said about the roads and title washing still applies.

Re: Danish pension fund divesting US Treasuries

#279
The Monroe Doctrine stated, under Polk, that the Euros should not interfere with territorial expansionism of the US in the Western hemisphere, even if it came at their expense.

The Roosevelt Corollary stated likewise the US would police any Latin American country's mismanagement.

Yet, all these people are proclaiming a certain person a warmonger instead of completely in line with historical US policy.

Re: Danish pension fund divesting US Treasuries

#280

Someone should tell the orange guy that we can also stop respecting our obligations. It’s a two way street. It would be a shame if something happened to your ITAR-protected secrets, for example. The US would lose a lot of leverage if they cannot use European military bases. Let’s see how fast Trump goes to bed with Putin…

You are already not respecting your obligations. It's a two way street.

“I want a Nobel prize”. Who asked for help in fucking Iraq up, and got it? Who needed help in Afghanistan, and got it? Oh yeah, we’re not respecting. We’re not respecting the orange bully toddler clown, my fellow dear human being. One day like this, another day the opposite. Just impeach the imbecile so we can all do productive stuff. Where are you going to sell your shit saas when you push us off the cliff? The Ruzzians? Putin, or the guy after him, is going to do you the same way he did Europe. He’s going to lure you, then snap two decades later. But dream on, dreamer.

“You are already not respecting your obligations” is rich from a guy with a Dutch phone number. You have some split personality right there. Make your mind up about where you are.

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