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Danish pension fund divesting US Treasuries

reuters.com

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Re: Danish pension fund divesting US Treasuries

#581

Post by larkost »

xienze wrote: post #178
ca6d8815 wrote: post #110

Earlier quoted context omitted.

It is 49.8% (people who voted Trump in 2024) of 64.1% (people who voted in 2024), or 31.9% or ~1/3 of the total eligible voting population, which is what your parent states.

You understand how statistics work, don't you? When you have 64% of the population voting, that's a pretty big sample size, enough so that you can reasonably extrapolate that the 49.8% share _probably_ holds across the rest of the population, give or take. Put another way, if someone asked you to estimate what the split between the one third of the population that didn't vote was, what would you use as a reference po…

I don't think that you understand how that part of statistics works. You are said that we have sampled 64% of the population, so we can extrapolate to the rest. That works if the sampling is sufficiently random. But in this case the "sampling" is people who voted, so an entirely (self) selected population, and pretty much not random at all (i.e.: people who were mostly less decisive about their opinions/vote).

So I don't think we can extrapolate confidently at all. So we really don't know whether it holds for the rest of the population at all.

Re: Danish pension fund divesting US Treasuries

#582

Post by BunsanSpace »

StephenHerlihyy wrote: post #483
BunsanSpace wrote: post #460

Earlier quoted context omitted.

> The truth is though that Europe is dead weight. Their economy is anemic, their still too fragmented militarily What an incredibly ignorant statement. Europe's economy in real terms is doing fine, their productivity is growing. The US's economy only looks good on paper, but outside of the AI bubble, companies aren't growing wages are stagnant with inflation. Europe is also on the verge of federalization. But you hav…

Over the past 15 years the European economy has grown from 16.25 to 18.50 trillion per World Bank. In 2008 the combined economic strength of the EU was 110% of the United State's. Today it's ~65%. By and large the European economy completely missed the mark on the Internet/Web3.0 technology revolution. You certainly have bright spots like ASML, but those are the exception and not the rule. It's reindustrialization ef…

Adjust GDP per hours worked, you will find Europe has eclipsed the US in terms of productivity.

The US has the benefit of the government borrowing insane amounts of money to juice it's economy, by being the world hegemony. That advantage has evaporated and you see the current capital going to unproductive industries.

Re: Danish pension fund divesting US Treasuries

#583

Post by rayiner »

jacquesm wrote: post #563
rayiner wrote: post #546

Earlier quoted context omitted.

[flagged]

No, that's a response based in fact. I have no dog in that race, I'm not Danish and strongly believe that following the USA on that particular ill advised adventure was a mistake. But the people that went went because the USA invoked article 5 and that's what allies do. For you to belittle that - and in fact to deny it - is utterly ridiculous. You believe you are making substantive posts but I really can't tell the d…

> and that's what allies do.

You're defining "allies" in terms of legal obligations. But obviously Denmark is legally an ally of the United States. I don't need to spell that out. My post about Denmark being the size of Maryland was clearly about whether Denmark is a meaningful ally in terms of conferring a real military advantage to the United States through the alliance.

> For you to belittle that - and in fact to deny it - is utterly ridiculous.

I'm neither belittling it nor denying it. It's just completely irrelevant to my point.

> You believe you are making substantive posts but I really can't tell the difference

Because you react emotionally to discussions about uncomfortable facts.

Re: Danish pension fund divesting US Treasuries

#584

Post by rayiner »

TimorousBestie wrote: post #578
rayiner wrote: post #567

Earlier quoted context omitted.

Wait—when did I “disrespect” Danish soldiers? I love Danish people. I literally use them as an example of a local optimum in civilizational development. But that doesn’t change the fact that “US + Denmark against China” is basically the same war as “US against China.” In my post I literally spelled out why Denmark is militarily insignificant: it’s got a population the size of Maryland. Obviously this wasn’t a comment…

> Wait—when did I “disrespect” Danish soldiers? I feel like I’ve seen commenters called out here for misquoting their interlocutors before, so perhaps it’s worth noting here. (I said “zero respect” earlier, but his emotional appeal works better if I had said “disrespect.”)

So if I'm talking about how Denmark is a militarily irrelevant country because it's the size of Maryland, I need to first do a bunch of throat clearing about how brave Danish soldiers are, pound-for-pound?

Re: Danish pension fund divesting US Treasuries

#585

Post by TimorousBestie »

kyboren wrote: post #570
jacquesm wrote: post #563

Earlier quoted context omitted.

No, that's a response based in fact. I have no dog in that race, I'm not Danish and strongly believe that following the USA on that particular ill advised adventure was a mistake. But the people that went went because the USA invoked article 5 and that's what allies do. For you to belittle that - and in fact to deny it - is utterly ridiculous. You believe you are making substantive posts but I really can't tell the d…

The USA has never invoked Article 5. Please stop spreading misinformation.

Yes, yes, it technically didn’t but the result was largely the same, and as we all know technically correct is the best kind of correct.

> The final resolution, unanimously adopted by the North Atlantic Council on September 12, was a compromise that only contingently invoked Article 5, dependent on a later determination that the attacks had originated from abroad.[7] According to the final text of the declaration, "if it is determined that this attack was directed from abroad against the United States, it shall be regarded as an action covered by Article 5 of the Washington Treaty".

https://en.wikipedia.org/wiki/2001_NATO_Article_5_contingenc...

Does this rise to the level of misinformation? I doubt it. It’s administrative trivia only of interest to UN enthusiasts.

Re: Danish pension fund divesting US Treasuries

#586

Post by KPGv2 »

toomuchtodo wrote: post #47
Filligree wrote: post #45

Earlier quoted context omitted.

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

Well, the unsophisticated and low education keep voting for Republicans, so what do? If you’re an individual, if you can, the best you can do is be prepared to get out and not have exposure to the US financially or from a tax perspective. Otherwise you’re stuck going over the cliff economically with the lemmings due to an uneducated, unsophisticated, vibe driven electorate and a suboptimal political and governance sy…

so 100% of your savings are in foreign companies that don't have US as a client, plus BTC, and you have dual citizenship already plus don't own your own home?

Re: Danish pension fund divesting US Treasuries

#588

Post by KPGv2 »

throw20251220 wrote: post #260
ahartmetz wrote: post #191

Earlier quoted context omitted.

I don't think that Trump could get into bed with Putin. He could get out of bed with Putin.

Oh, I know. Let’s see how fast he tries to make Putin the good guy on Fox News. What are these rednecks going to do when MAGA goes into bed with Ruzzians! Cold War warriors gonna flip out. Just impeach the guy already. His mental capabilities aren’t far off Biden’s at the end.

> What are these rednecks going to do when MAGA goes into bed with Ruzzians! Cold War warriors gonna flip out.

I'm assuming you're from outside the US, because literally everyone in the US is well-acquainted with MAGA wearing shirts like "better Russian than a Democrat"

Re: Danish pension fund divesting US Treasuries

#589

Post by ben_w »

carlosjobim wrote: post #434
jonkoops wrote: post #210

Earlier quoted context omitted.

It is a war we must fight now, and must continue to fight. It is a war against oppression, against autocrats squishing their population for servitude. If nobody steps up to protect Democratic values, and the freedom of the people for self-governance, it is a slippery slope to hell.

What are you doing here then? Shouldn't you be in the trenches or in a factory making artillery rounds? Or who is "we"?

Not op, but:

Paying taxes to fund an army.

The EU isn't doing any direct fighting in the Russian-Ukranian war, we are however donating and selling things, and being a refuge for those who quite understandably fled in fear of their lives.

Nobody's actually violated our sovreignty yet, we have no casus belli to go to war. But as the phrase the bullet cartridge is named after goes: Si vis pacem, para bellum.

Re: Danish pension fund divesting US Treasuries

#590

Post by toomuchtodo »

KPGv2 wrote: post #586
toomuchtodo wrote: post #47

Earlier quoted context omitted.

Well, the unsophisticated and low education keep voting for Republicans, so what do? If you’re an individual, if you can, the best you can do is be prepared to get out and not have exposure to the US financially or from a tax perspective. Otherwise you’re stuck going over the cliff economically with the lemmings due to an uneducated, unsophisticated, vibe driven electorate and a suboptimal political and governance sy…

so 100% of your savings are in foreign companies that don't have US as a client, plus BTC, and you have dual citizenship already plus don't own your own home?

I own a residence outright in a European country, I have invested in a golden visa fund (renewables) that will provide my family European citizenship after five years, I am financially independent with a minority of my portfolio in US exposure, and I have built a network of folks who will employ me anywhere globally in almost any currency I choose. I hold no crypto while also holding at least a year of expenses in Euros. We have applied for and received permanent residency in Mexico as well (no upkeep cost, the only thing we can't do is vote). Even without a golden visa, Spain will allow you to apply for a digital nomad visa with a three year term from within the country while a tourist (for any employment sourced at least 80% out of the country), and with one two year extension, will then allow you permanent residency after five years (for example; there are many paths to an exit, citations below, and most of the developed world is hungry for skilled labor).

Through the actions above, I feel that I have diversified away from the US sufficiently for my risk appetite. I don't feel I need to renounce my US citizenship currently (due to foreign earned income exclusions), but I am also prepared for that in the future if necessary.

Resources for others I have assembled helping folks exit:

https://relocateme.substack.com/

https://old.reddit.com/r/AmerExit/comments/urwlbr/a_guide_fo...

https://old.reddit.com/user/Shufflebuzz/comments/1iv4dud/shu...

https://www.helpmeleave.us/

https://www.canada.ca/en/immigration-refugees-citizenship/se... (Canadian citizenship by descent)

https://healthcareinfusion.org/ (for healthcare workers interested in Canada)

https://lookerstudio.google.com/reporting/b58914ce-b98d-4330... from https://pancakeonastick.substack.com/ (Digital Nomad Visa Map)

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