Earlier quoted context omitted.
I think you are missing the point. The point is it would materialize as inflation instead of debt default. Not that there is no downside risk.
Inflation is a kind of default, I'm not missing the point. The value of the dollar is based on the promise of 2% inflation of a basket of goods. Breaking that promise is default.
Danish pension fund divesting US Treasuries
541–550 of 857 posts
Re: Danish pension fund divesting US Treasuries
#542Earlier quoted context omitted.
I think you are missing the point. The point is it would materialize as inflation instead of debt default. Not that there is no downside risk.
Inflation is a kind of default, I'm not missing the point. The value of the dollar is based on the promise of 2% inflation of a basket of goods. Breaking that promise is default.
Unless words just don't mean anything anymore. In which case, yes. Which could also mean no.
Re: Danish pension fund divesting US Treasuries
#543Earlier quoted context omitted.
Fortunately Rayiner is not a representative sample of the USA.
His comments align much more closely with the plurality of 2024 voters than do yours. > Effectively you've departed reality and you are now in a world of your own making where the facts are no longer relevant, just how you can stretch and twist everything to make it fit your worldview. Glass houses, and all that.
Re: Danish pension fund divesting US Treasuries
#544Earlier quoted context omitted.
To note, I believe it's possible the ~1500 troops staging to Minnesota are not to assist with ICE operations, but to be air lifted via the 133rd Airlift Wing to Greenland. If interested in pursuing this, task some commercial satellite imaging. https://en.wikipedia.org/wiki/133rd_Airlift_Wing
"Pentagon readies 1,500 troops for potential Minnesota deployment, officials say": * https://www.theguardian.com/us-news/2026/jan/18/pentagon-ala...
Re: Danish pension fund divesting US Treasuries
#545Earlier quoted context omitted.
I love how racism gets snuck into everything these days. No, homogeneity doesn't cause happiness.[1] And the US was always less homogenous than other "western" countries. 1. https://en.wikipedia.org/wiki/Health_in_Japan#Suicide_proble...
> No, homogeneity doesn't cause happiness. Funny though how all those European countries everyone on HN and Reddit point to as "how things should be" are all pretty ethnically and culturally homogenous, though that's changing rapidly. Interestingly, cracks are starting to appear. > And the US was always less homogenous than other "western" countries. The US was 85-90% white in 1965. That's pretty homogenous.
And that evolution itself tells the story of the US itself. The people in non-homogenous neighborhoods are happy and harmonious, but outsiders scared of cultural differences cause racial strife and discontent.
Those who let themselves get worked up about racism are the problem, not the non-homogenous races.
Re: Danish pension fund divesting US Treasuries
#546Re: Danish pension fund divesting US Treasuries
#547Earlier 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 ....... You're confusing Trump's mouth with how the US political system actually functions. Eh? If the US political system was stable and fit for purpose, the US would have got rid of the wannabe dictator by now; or at least held his power in check. EDIT: Amusingly, I'm being downvoted by a class of American who refuses to believe their way might not be the best after…
But I don't think that the people downvoting you are necessarily other US citizens. It feels like HN is very good at eliminating bots, but in these sorts of discussions lots of sleeper agent bots come out to try to shift discussion. Every bit of our social media is full of it and I think that the downvotes your comment probably come from that.
Re: Danish pension fund divesting US Treasuries
#548It'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…
Would it be a gradual decline or a step change after some point?
Re: Danish pension fund divesting US Treasuries
#549Earlier quoted context omitted.
Fortunately Rayiner is not a representative sample of the USA.
His comments align much more closely with the plurality of 2024 voters than do yours. > Effectively you've departed reality and you are now in a world of your own making where the facts are no longer relevant, just how you can stretch and twist everything to make it fit your worldview. Glass houses, and all that.
> Americans are split about the U.S. capturing Maduro — with many still forming opinions — according to a poll conducted by The Washington Post and SSRS using text messages over the weekend. About 4 in 10 approved of the U.S. military being sent to capture Maduro, while roughly the same share were opposed. About 2 in 10 were unsure. Republicans broadly approved of the action, while Democrats were largely opposed to it.
> Nearly half of Americans, 45%, were opposed to the U.S. taking control of Venezuela and choosing a new government for the country. About 9 in 10 Americans said that the Venezuelan people should be the ones to decide the future leadership of their country.
> In December, a Quinnipiac poll found that about 6 in 10 registered voters opposed U.S. military action in Venezuela. Republicans were more divided: About half were in support, while about one-third were opposed and 15% didn’t have an opinion.
https://apnews.com/article/poll-venezuela-trump-foreign-poli...
Re: Danish pension fund divesting US Treasuries
#550Earlier quoted context omitted.
> The US and France are both nuclear armed, including nuclear armed submarines, which are the ultimate defence deterrent. Except for France's ASMP-A nuclear warning shot (which is not a tactical option by the way), all other independent European nuclear options (French or British SSBNs) are not only strategic, but they imply wiping entire countries off the map. All options also depend on whether the French President…
I was really thinking of a standalone Europe's deterrence against attack by Russia or China, not using them against the US!