Dan Wentzel ๐ณ๏ธโ๐If other democracies want to help democracy in America right now, they can start selling our treasuries.
That seems to be the only thing that gets Republicans to take action against Trump.
Scary Austin@danwentzel
That, and I think they should put sanctions on Trump's enablers the same as they already do with Putin's. What is the difference?
That, and I think they should put sanctions on Trump's enablers the same as they already do with Putin's. What is the difference?
Larry@danwentzel
The things that pension fund managers value above others is predictability and consistency. If there is a flight from US paper it will be because Trump is unpredictable and inconsistent. Risky.
The things that pension fund managers value above others is predictability and consistency. If there is a flight from US paper it will be because Trump is unpredictable and inconsistent. Risky.
Heliograph@quoidian @danwentzel yet it seems they (#pensionFunds) are still hanging in, despite all the obvious evidence of impending doom ยฏ\_(ใ)_/ยฏ all too hard for them? switching positions wasn't in the job description?
@quoidian ... i know of another mob that waited, in roughly the same period but another century... @danwentzel
๐ถMark Nicoll 3.5%๐ด๓ ง๓ ข๓ ฅ๓ ฎ๓ ง๓ ฟ๐ฌ๐ง๐ช๐บ๐บ๐ณ@Heliograph @quoidian @danwentzel
a lot of funds are doing what they call "reducing their exposure" which seems to mean pulling out very slowly so not as to disturb the markets too much.
I believe the idea is to move fast enough to get out before the crash, but not to move so quickly you cause a crash before you can get fully out.
a lot of funds are doing what they call "reducing their exposure" which seems to mean pulling out very slowly so not as to disturb the markets too much.
I believe the idea is to move fast enough to get out before the crash, but not to move so quickly you cause a crash before you can get fully out.
Luka Rubinjoni@quoidian @duckwhistle @Heliograph @danwentzel Or before Trump mandates (by decree) that funds must retain and buy more Treasury bonds.
@rubinjoni @quoidian @Heliograph @danwentzel
That would only effect US companies, and would actually make it easier for the rest of the world to sell at a good price.
That would only effect US companies, and would actually make it easier for the rest of the world to sell at a good price.
Stryder Notavi@duckwhistle @Heliograph @quoidian @danwentzel Yep, and when they do that they try to do it quietly - so you'd expect to see a slow deflation rather than a quick, dramatic pullout.
Whilst that dramatic pullout would have the desired political effect, the resulting crash would also hurt the funds and those with their money invested with them - which probably means it won't happen.
@StryderNotavi @Heliograph @quoidian @danwentzel
there is also the issue that they are required to replace their investments.
Whilst US treasuries are not as safe as they once were, the availability of safe alternatives in the volumes required is quite limited. And that's just with private investors, if central banks tried to divest, there simple doesn't exist enough of any alternative at present.
there is also the issue that they are required to replace their investments.
Whilst US treasuries are not as safe as they once were, the availability of safe alternatives in the volumes required is quite limited. And that's just with private investors, if central banks tried to divest, there simple doesn't exist enough of any alternative at present.
@duckwhistle @Heliograph @quoidian @danwentzel An excellent point - I suspect that there's some terrified fund managers out there who are just not publically saying anything because they know they're already strapped in and there's no way off the ride now.
@StryderNotavi @duckwhistle @Heliograph @danwentzel
Not renewing T-Bills on maturity would be the way.
Not renewing T-Bills on maturity would be the way.
@StryderNotavi @duckwhistle @Heliograph @danwentzel
But there is a chance, as the OP said, that Trump might nationalize T-bills, mandating reinvestment and forbidding cashing out. I think that would be a mistake.
But there is a chance, as the OP said, that Trump might nationalize T-bills, mandating reinvestment and forbidding cashing out. I think that would be a mistake.
@quoidian @StryderNotavi @Heliograph @danwentzel
oh yes, you can't assume Trump won't do something just because it's a terrible idea!
oh yes, you can't assume Trump won't do something just because it's a terrible idea!
@duckwhistle @StryderNotavi @Heliograph @danwentzel
Unfortunately "Renegade in Power" has already been used, ( a political biography of John Diefenbaker. )
Unfortunately "Renegade in Power" has already been used, ( a political biography of John Diefenbaker. )
Anthony David@Heliograph @quoidian @danwentzel
Danish pension funds have exited US Treasuries.
also not too surprising ๐ @Heliograph @adavid @danwentzel
That's $100m . Not peanuts but just the Ontario Teachers' Pension Fund totals $C 420B ( not all in US securities ) and I can see finding a safe harbour might take a few meetings.
That's $100m . Not peanuts but just the Ontario Teachers' Pension Fund totals $C 420B ( not all in US securities ) and I can see finding a safe harbour might take a few meetings.
jcriecke@danwentzel per @pluralistic they could invalidate our copyrights and free a ton of intellectual property that would benefit the globe
M Schommer@jcriecke
Dan's idea works within and clings to the rules-based world that the Trump junta wants to abandon - while giving up copyright protection just for the US would be giving up another rule.
@musevg @danwentzel here's his idea, in thread form or linked essay: https://mamot.fr/@pluralistic/115978392906108985
Cory Doctorow (@[email protected])
Attached: 1 image Yesterday, I gave the keynote address at the 2026 Digital Government Leaders Summit in Ottawa, Canada - an invitation only for CIOs, CTOs and senior technical personnel at Canadian federal ministries. -- If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog: https://pluralistic.net/2026/01/29/post-american-canada/#ottawa 1/
Jon@danwentzel and boycott the world cup
Pepperbike@BikingViking @danwentzel Blanket Boycott of all goods and services from the US. Make Google, Amazon, Ford, GM and all other US corporations bleed from their bottom line.
m[redacted]2@danwentzel As an American...
Sell US Treasuries.
Sell the Mag 7 & Oracle & Palatir big brother machines.
Avoid US world cup.
Invest in alternatives to US cloud & financial systems, and in trading partnerships outside US control.
Sell US Treasuries.
Sell the Mag 7 & Oracle & Palatir big brother machines.
Avoid US world cup.
Invest in alternatives to US cloud & financial systems, and in trading partnerships outside US control.
@danwentzel No way. Americans brought this shit onto themselves. You've been dragging allies into conflicts around the world for years, and for what? US ego. And now it's happening inside your country.
I see no downside to the collapse of society in the US.
็ใดใฃใฏใทใผ@danwentzel Who will buy them?