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Full Metal Junkie said:
And what exactly is that supposed to achieve?
Take that US! You now have to make interest payments to someone else instead of us! That will teach ya!
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All it takes is countries to stop buying US treasuries and there will be major dislocation economically. Euro would rise. Dollar would sink. And there would be an absolute crisis in the US. They absolutely rely on their status as the world's reserve currency. That is what let's them keep running large deficits. Other countries keep buying American Treasuries. There would be a massive financial crisis. Probably worse than 2008, if US Treasuries suddenly went no bid. The Danes selling US Treasuries is both warning sign and reduced leverage on them for when they actually stop trading UST altogether.
 
kEiThZ said:
All it takes is countries to stop buying US treasuries and there will be major dislocation economically. Euro would rise. Dollar would sink. And there would be an absolute crisis in the US. They absolutely rely on their status as the world's reserve currency. That is what let's them keep running large deficits. Other countries keep buying American Treasuries. There would be a massive financial crisis. Probably worse than 2008, if US Treasuries suddenly went no bid. The Danes selling US Treasuries is both warning sign and reduced leverage on them for when they actually stop trading UST altogether.
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I get that refusing to buy new treasuries would actually send a message. Getting rid of existing holdings though? Does not affect US in the slightest. And I doubt it sends as strong of a message as what you claim. It looks like an emotional knee-jerk reaction more than anything else.
 
Full Metal Junkie said:
I get that refusing to buy new treasuries would actually send a message. Getting rid of existing holdings though? Does not affect US in the slightest. And I doubt it sends as strong of a message as what you claim. It looks like an emotional knee-jerk reaction more than anything else.
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Escalation ladder. It's a first message. Also, it reduces exposure. If you're going to crash US Treasuries, why would you want to hold on to them? Also selling them, literally pressures current sales.
 
kEiThZ said:
Escalation ladder. It's a first message. Also, it reduces exposure. If you're going to crash US Treasuries, why would you want to hold on to them? Also selling them, literally pressures current sales.
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Believe the official Danish position is that the US/USD is too unstable and too unpredictable to continue relying on.
 
christiesplits said:
Currently only 19% of Albertans say they want to separate, which is encouraging.

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Great pie-chart, CBC:

1768926028633.png


Not only the 75% slice takes up less than 3/4 of the pie, but the numbers don't add up to 100% either (mainly because there's no 11% undecided voters in the Polara source data)

On another note, we have not seen the US special interest money being pumped into the separatist campaign on a large scale yet. So the 19% as a starting point is the 19% of voters they already have for free.
 
Mihairokov said:
Congress doesn't do anything anyway and anyone who thinks we'd get the right to vote is a fool.
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All the Democrats (conservative and radicals alike) have to do is convince only a few Republicans that they have a common ground in that the elephant in the room needs to be reined in. They don't have compromise or appease, just agree to that point and do something about it. And go back to hating each other when all is said and done.
 
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