All this shit didn't even have to happen but for the sack of rotten oranges posing as the president. WTF.
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Correct me if I'm wrong here, but aren't we locked in a weird cycle where the US sells its debts to continue functioning, but then much of the system relies on the revenue generated from those debts being paid by the US.
If a sell off were to begin the price of bonds would plummet. The first countries to sell would be least impacted, but eventually the later countries are in bad shape. You can say sell at the "exact same time" but that's not really how financial markets work.
I suppose the US is still more reliant on these bonds, but I'd imagine a crashed dollar would have pretty large ramifications globally.
Of course of of this will happen anyway if the US decides to invade Greenland.
I can see where countries no longer invest in US bonds, but may be forced to hold onto these to not take a budgetary hit.
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This would be like taking Musk's money by making him sell his stocks. Once the market is flooded with paper, it becomes less and less valuable, very quickly. Musk doesn't actually have hundreds of billions anymore than the UE has trillions in US treasuries.
I know that's ridiculously oversimplified, but someone has to buy those bonds, and the later you are to the selling table, the less you get.
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Worth sharing: William Spaniel on YouTube is a political scientist, has written books about this kind of stuff, and REALLY knows what he's talking about. He discusses world events like this, and breaks them down really well so it's approachable and understandable for a clueless layman like myself. His videos are short and to the point, and can be listened to like a podcast instead of watched.
He mostly talks about wars, how and why they start, what is likely or unlikely to happen, things like that.
His latest video from yesterday about exactly how America's Greenland ideas would backfire: https://youtu.be/mQGMGnhC-NA
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I'm betting it'll go the other way- the USA declares insolvency (cloaked in freedom or whatever, of course) in the farce version of the Nixon shock and Japan's and EU economies implode from the massive loss of value on the books. China will be ok though, and Russia too since they have pretty much USA proofed their economy (it's shit, but it's still USA proof... so shit+).
It's economic warfare and the Epstein Empire is winning. Liquidating treasuries would definitely be a way to fight back, but will anyone have the guts to do it? I'm betting no.
Edit: that $2.34 trn figure includes the UK (about $750 bn), and Starmer is such a basketcase you can't count on him to do anything except twiddle his thumbs. Even without the UK though it's a massive figure.
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I wish an action like this would actually change things in the US, but it wouldn't.
The American people would continue to suffer and die--the most vulnerable and already marginalized first. Conservatives will get more hostile toward everyone else because of scarcity. They'll start shooting people at Wal-Mart over bread.
The rich will just white-knuckle grip their off shore bank accounts and move elsewhere.
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Trump admin: let's crash the global economy because it will force an asset bubble onto the EU, a crisis that will benefit the most wealthy like 8 people on the planet while harming most everyone else. This will solidify whoever can deliver this gift as the members of the ruling class of their respective hemispheres. Our military power will ensure we can just take what we want from whoever we want, destroy the EU as a regulatory hegemon, so the international ruling class can raid their social democracies like we did social services in the USA. It will also strike a blow to China whose relative strength is propped up by some amount of control over their economy, allowing them to avoid severe financial crashes, even though they have a number of huge bubbles within their own economy that might be forced to burst! Disunity among nations is a boon to big money, and we will all become kings
EU: bored after reading the first line Lets destroy the global economy first!
Guys its gonna be a wild fuckin ride, buckle up
Thank you. Let's use this. Becoming the 3rd superpower of the World
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It’s a striking image, but it’s worth remembering how interconnected global finance really is—big moves tend to ripple, not flip a switch overnight.
It's a global pyramid scheme. They can't just pick and choose.
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At this point, I'm just looking forward to ww3.
I am sure there is a better format image for this somewhere. I don’t know it though.
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Just consolidate all EU member countries debts and watch
If this worked, China would have done it already and Japan would have been using that as a leverage.
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