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Danish pension fund divesting US Treasuries

reuters.com

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Re: Danish pension fund divesting US Treasuries

#791

Post by yadaeno »

colechristensen wrote: post #391
seanw444 wrote: post #337

Earlier quoted context omitted.

And a new global leader, likely in the form of China. Which I'm sure everyone would see as an improvement. Right?

You have to ask yourself, compared to current US leadership, is China actually all that bad? US is being driven by the personal whims of a deteriorating tyrant, Congress is allowing it and the courts are only doing a tiny amount of checking his power. You can't just say "despite everything happening we're still the good guys and China and Russia are the bad guys!" Osama bin Ladin won. The goals he had when he attacke…

China is buying 50% of Russian gas and supplying them with drone parts and gunpowder which is directly used to kill Europeans and destabilize Europe.

They are also exporting their surveillance state technology to dictatorships in Pakistan, Iran, and Venezuela. Look at Iran, 16000 protestors are dead in two weeks. That is the Chinese model of stability.

Bad leaders exist everywhere, Europe included. But in the US, they leave. Trump is gone in two years. Good luck aligning your economies and value systems with China. I’m firmly on the side of liberal democracy.

Re: Danish pension fund divesting US Treasuries

#792

Post by tinfoilhatter »

hrimfaxi wrote: post #778
tinfoilhatter wrote: post #52

Earlier quoted context omitted.

The petrodollar (a product of Kissinger) has been in collapse since Saudi Arabia began divesting from it. We've been printing pretend money for quite some time, and supressing the value of precious metals (which is why you're now seeing silver bullion sell for $100+ an ounce). Copper is also selling out now. These precious metals are extremely valuable because they're used to manufacture all of the technology consume…

How has the US been suppressing global metal prices?

I didn't say the US has been suppressing them. The international banking cartel along with the US Federal Reserve have, in order to prop up the value of federal reserve notes.

Re: Danish pension fund divesting US Treasuries

#793

Post by tinfoilhatter »

actionfromafar wrote: post #747
tinfoilhatter wrote: post #367

Earlier quoted context omitted.

Gotta love HN - getting downvoted with no explanation, but most likely because the truth is uncomfortable and people would rather press the downvote button than face facts.

I think you should rather assume that when you mention crypto taking over fiat, it's just too outlandish to even comment.

Except governments around the world have been talking about a digital dollar / digital currencies for years now. I'm not sure exactly what is so outlandish about it. The fiat system is collapsing, and the signs are quite plain to see. Can't print fake money forever...

Re: Danish pension fund divesting US Treasuries

#794

Post by yadaeno »

colechristensen wrote: post #408
whimsicalism wrote: post #401

Earlier quoted context omitted.

Call me a traditionalist but I do think having free/fair elections is a massive distinguishing factor.

Having free elections doesn't make you the good guys if you elect a tryant to be a tyrant. Republicans are getting what they voted for and they STILL want what's happening. I've heard them say it. This leftist idea that everything will just be ok and we don't need to do anything because it'll all be fixed in the next election needs to stop. Right now the only people actually protecting the republic are the people in…

> Republicans are getting what they voted for and they STILL want what’s happening.

Trump was elected as a specific reaction to the previous administration’s immigration policies. You’re right that voters supported that, but they didn't sign up for the rest. If you look at the polling, the tariffs and the Greenland push are explicitly unpopular.

> having free elections doesn’t make you the good guys if you elect a tyrant.

it does. The point of democracy is that voters make mistakes. Even European countries have elected tyrants in the past. The difference is that a free system allows you to survive a bad leader and vote them out; an authoritarian one doesn't.

Re: Danish pension fund divesting US Treasuries

#795

Post by Braxton1980 »

viraptor wrote: post #772
bluGill wrote: post #626

Earlier quoted context omitted.

Right vs left makes the assumption there are two sides / options. I have long thought that the 'left' was too extreem socialist - that doesn't mean I think current 'right' is any better.

It's quite silly how people talk about the "left" in the US. There's barely any left present in politics. Much less "far/extreme left" or anything close to that. Nobody is really fighting for UBI, nationalisation of large utility-like corps, redoing healthcare completely, wealth taxes, dismantling the two-party system. And these ate still fairly chill ideas that recently happened in other countries, far from "extreme…

The Democrats made small progress on healthcare.

Insurers couldn't deny coverage due to existing conditions

Kids could stay on parents until 26 even if they aren't in school

There were also subsidies for the lowest income people to help pay for open market plans.

This is something right? This is a step in the right direction?

If one party wants this and the other wants to dismantle then the first is left and the latter right.

Re: Danish pension fund divesting US Treasuries

#796

Post by Braxton1980 »

bluGill wrote: post #773
viraptor wrote: post #772

Earlier quoted context omitted.

It's quite silly how people talk about the "left" in the US. There's barely any left present in politics. Much less "far/extreme left" or anything close to that. Nobody is really fighting for UBI, nationalisation of large utility-like corps, redoing healthcare completely, wealth taxes, dismantling the two-party system. And these ate still fairly chill ideas that recently happened in other countries, far from "extreme…

Your position is they are not extreem. Mine is that what we call left is already too extreem. However what the 'right' wants is different but mostly not in the direction I want to go.

What laws or presidential orders have the US Left done that shows how extreme they are?

Re: Danish pension fund divesting US Treasuries

#797

Post by Braxton1980 »

Nevermark wrote: post #687
bluGill wrote: post #626

Earlier quoted context omitted.

Right vs left makes the assumption there are two sides / options. I have long thought that the 'left' was too extreem socialist - that doesn't mean I think current 'right' is any better.

The far right and left are always going to be homes for extremists, by definition. And also practicality. Extreme people are highly motivated to push their agenda, and that requires a party. They adapt and find a way to participate, one way or another. Often simply by ramping up awareness of the opponent party's inevitable extremes. The real question is: how do the moderates in a party operate, and are they currently…

I think it's also matter what percentage of each party you would consider extreme, and I realize that's subjective

Re: Danish pension fund divesting US Treasuries

#798

Post by gizzlon »

tim333 wrote: post #775
gizzlon wrote: post #695

Earlier quoted context omitted.

> Rule of law Are you being sarcastic?

No but I was thinking more of commercial law. I was quite impressed when I had money in ftx.com that the US got the money back and put SBF in jail promptly even though ftx.com wasn't a US company. I'm not sure any other countries would have done that. That sort of stuff matters to large investors.

That was then, as in it started several years ago.

You do know similar people to SBF have been pardoned by Tump, right? Not related to the money they gave him and his family, of course..

Re: Danish pension fund divesting US Treasuries

#799

Post by actionfromafar »

tinfoilhatter wrote: post #793
actionfromafar wrote: post #747

Earlier quoted context omitted.

I think you should rather assume that when you mention crypto taking over fiat, it's just too outlandish to even comment.

Except governments around the world have been talking about a digital dollar / digital currencies for years now. I'm not sure exactly what is so outlandish about it. The fiat system is collapsing, and the signs are quite plain to see. Can't print fake money forever...

Usually, what they mean is fiat tokens, minted much like paper currency.

Re: Danish pension fund divesting US Treasuries

#800

Post by [deleted] »

Braxton1980 wrote: post #785
epistasis wrote: post #627

Earlier quoted context omitted.

I think it's not so much the people that have been Russified as the institutions themselves. The media, big law firms, big corporations, have all given in to bullying and handed their power over to the authoritarian. Universities are on the cusp of doing so too. Even the Democratic Party has leadership so weak that in the current environment they will only talk about affordability and healthcare. The media the public…

>Even the Democratic Party has leadership so weak that in the current environment they will only talk about affordability and healthcare. As opposed to what? The majority of people took away their power either by not voting for them or not voting at all. Multiple universities have refused Trump's demands and Newsom even threatened universities in his state if they went along with it. Democrats speak out about everyth…

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