The problem is you then lose any leverage. The threat is what’s important. If you dump them then there’s no reason Trump would stop. If they hold them then they can use them as a threat.
However, if they were dumped, the EU would suffer financially, but Trump would not be able to simply continue, as the US economy would crumble.
The EU is the biggest lender to the US. The only reason the US is able to continue is due to all the borrowing.
The US has the largest external debt in the world, and the EU alone funded more than half of it.
The US couldn’t continue without the money from the EU.
This is one thing that Americans seem to be unable to grasp and think that the USA is/was funding the EU somehow, when on reality the USA just keeps borrowing more and more.
No, it wouldn’t stop the US. Russia’s economy is crumbling, but they can manage to keep fighting for several years now. A collapsing economy doesn’t stop wars. It only makes them harder. The threat can stop one potentially though.
Dude, Russia has been a capitalist nation for decades. It’s the exact same kind of economy. Arguably they have a different form of governance, with Putin as a dictator. I don’t think we’re that far apart with that right now though.
To anyone downvoting: care to give your reasoning? If you disagree, could you explain why? What kind of economy do you think Russia has?
The bank will side with whoever makes them the most money. Cutting off the US means a default on loans. They won’t do it, they will lobby their governments to not do it, and will only do it if their home country forces them to do so.
In May 2019, The New York Times reported that anti-money laundering specialists in the bank detected what appeared to be suspicious transactions involving entities controlled by Trump and his son-in-law Jared Kushner, for which they recommended filing suspicious activity reports with the Financial Crimes Enforcement Network of the Treasury Department, but bank executives rejected the recommendations.
I mean, Deutsche Bank is not exactly a good guy either. Same as pretty much all other banks.
consider they are solely responsible for russians being able to launder money to trump since the 90s and got us to where we are now with him.
I will side with the lesser evil. But so far it’s just empty words, they need to dump all of those bonds.
The problem is you then lose any leverage. The threat is what’s important. If you dump them then there’s no reason Trump would stop. If they hold them then they can use them as a threat.
Yeah, it’s a kind of mutual destruction tool.
However, if they were dumped, the EU would suffer financially, but Trump would not be able to simply continue, as the US economy would crumble.
The EU is the biggest lender to the US. The only reason the US is able to continue is due to all the borrowing.
The US has the largest external debt in the world, and the EU alone funded more than half of it.
The US couldn’t continue without the money from the EU.
This is one thing that Americans seem to be unable to grasp and think that the USA is/was funding the EU somehow, when on reality the USA just keeps borrowing more and more.
No, it wouldn’t stop the US. Russia’s economy is crumbling, but they can manage to keep fighting for several years now. A collapsing economy doesn’t stop wars. It only makes them harder. The threat can stop one potentially though.
The only reason Russia is able to continue is because they have a completely different economy to the USA.
Once capitalism crumbles, the USA will fall.
Dude, Russia has been a capitalist nation for decades. It’s the exact same kind of economy. Arguably they have a different form of governance, with Putin as a dictator. I don’t think we’re that far apart with that right now though.
To anyone downvoting: care to give your reasoning? If you disagree, could you explain why? What kind of economy do you think Russia has?
Very noble of you.
The bank will side with whoever makes them the most money. Cutting off the US means a default on loans. They won’t do it, they will lobby their governments to not do it, and will only do it if their home country forces them to do so.
Yeah these people will do only what is financially expedient, they are amoral by definition.
The Beaverton had an article the other day “Canada chooses lawful evil over chaotic evil”
I’ve also seen posts online along the lines of “I’d rather deal with lex Luther than the joker”
Deutsche Bank was Trump’s biggest
lenderlaunderer. I guess they ran out of Russian cash?https://en.wikipedia.org/wiki/Deutsche_Bank?wprov=sfti1#Banking_for_Donald_Trump,_1995–2021
He’s not like Heath Ledger’s Joker. Not even Jack Nicholson’s Joker.
He’s more like…Jim Carey’s Riddler.
Jared Leto’s Joker.
I wish, that was the joker that everyone ignored and couldn’t get a single spotlight. trump manages to get all the fucking attention
Say what you will about Lex Luther but at least he had an ethos.
So do sam altman and elon musk 🤷
misguided and immoral though.
That’s just, like, your opinion, man.