• zloubida@sh.itjust.works
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    6 hours ago

    No, unfortunately, it doesn’t work like that. “Europe” doesn’t owns a lot of US bonds; private investors from Europe own them. There’s no way to compel them to sell them.

      • zloubida@sh.itjust.works
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        6 hours ago

        Ok except you’re completely wrong regarding Europe. Governmental investments in US are mainly made by countries outside Europe, like China. The only European exception is Norway, which alone can’t do much (and is not in the EU).

        So yes, almost half of foreign US bonds owning are by governments, just not European ones.

    • ViatorOmnium@piefed.social
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      5 hours ago

      There’s no way to compel them to sell them.

      On paper no.

      In practice, when you consider how much economy at that level is driven by quid pro quo, that statement sounds almost silly. It’s not a matter of whether governments can trigger a mass disinvestment, it’s a matter of the cost.