Utopia Talk / Politics / Flashback: Europeans laughing at Trump 2

williamthebastard Member	Tue Mar 18 09:24:59 "EU member states will not be able to spend €150bn of new defence funding on US weapons, as Brussels seeks to increase the continent’s security rapidly while also developing its domestic arms industry." http://www...ca-1b31-46ce-bf90-16fc45cc0b62 Investors Are Ditching U.S. Stocks. Professional investors are rapidly reducing their exposure to U.S. stocks in favor of overseas shares and cash, a survey fund managers by Bank of America shows. https://www.barrons.com/articles/stocks-market-us-europe-survey-4156f1ec meanwhile Tesla continues to crash :D
williamthebastard Member	Tue Mar 18 09:42:07 When Trump starts to show signs of actually preparing to attack Greenland or any other democracy, we need to dump the enormous amount of US govt bonds we own and bring the US to starvation levels within a month.
Rugian Member	Tue Mar 18 09:56:08 The largest EU holders of US Treasuries (Luxembourg, Belgium, Ireland, France, Norway, and Germany) collectively have $1.7 trillion of assets. Full liquidation of those instruments wouldn't be pleasant, but it also wouldn't be the financial doom of the US that you think it would be. Once again, Europeans massively overestimate their importance. Lol
williamthebastard Member	Tue Mar 18 09:58:59 Oh you counted 7 of the roughly 150 democracies that are allies against the US? Lol, not to mention the 10 trillion that the US needs to borrow in the next 10 years but nobody will loan them
williamthebastard Member	Tue Mar 18 10:01:10 7 of the roughly 90 democracies
Rugian Member	Tue Mar 18 10:04:24 Well first of all, it was 6 countries. And you really think the EU can convince the entire world to treat America as a suddenly hostile enemy? Good luck getting everyone from Japan to the UK to Taiwan to Saudi Arabia to Brazil on board with that plan. Lol not happening.
williamthebastard Member	Tue Mar 18 10:05:18 You didnt even count Canadas 400 billion, and they'll be first in line
williamthebastard Member	Tue Mar 18 10:20:44 just the UK, Canada, Belgium, France, Ireland and Switzerland alone own 3 trillion, and there are 24 other EU countries
williamthebastard Member	Tue Mar 18 10:25:02 The other 24 EU countries seem to own between 50 and 150 billion per country...lol
williamthebastard Member	Tue Mar 18 10:28:53 The economic chaos in the US following that would have a very, very good chance of tipping the US over the precipice into the civil war it already precariously balances on
williamthebastard Member	Tue Mar 18 10:54:40 German lawmakers approve huge defense and infrastructure spending (1 trillion Euro) Germany's would-be next chancellor, Friedrich Merz, won lawmakers' approval Tuesday for ambitious plans to loosen the nation's strict debt rules for higher defense spending as doubts mount about the strength of the trans-Atlantic alliance, and to set up an enormous fund for investment in its creaking infrastructure. https://www.npr.org/2025/03/18/g-s1-54475/germany-defense-spending-merz-debt-brake-parliament
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