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I think the world will start mediating but not in the way you think/want. They will just divest from the U.S., slowly but surely so that when the next U.S clown
by theplumber 5d ago
I think the world will start mediating but not in the way you think/want. They will just divest from the U.S., slowly but surely so that when the next U.S clown start messing around they don’t have to flatter it anymore.
- oblio 5d agoThey are divesting. Moving gold away from the US, selling US bonds, the EU creating an investment mechanism meant to pull EU investment away from the US and into EU companies, etc.
- ericmay 4d ago> They are divesting. No they're not. > Moving gold away from the US, The Netherlands still maintains gold in the US and also divested from Canada. It's also like, $80 billion dollars which is maybe a lot to a tiny country with the GDP of Florida but it's an inconsequential amount to, say, the American economy. Second there are mechanical and legal reasons you might want to have more gold in London where it is more easily tradable. > the EU creating an investment mechanism meant to pull EU investment away from the US and into EU companies If you claim this is a divestment from the US (the most important market for many European countries) then you also have to claim the EU is divesting away from China.
- oblio 4d agoFrance is moving away gold, Germany is, look at the trend. Also Japan is selling US bonds. Everyone is moving away from the US as best it can.