Youngian wrote: ↑Wed Jan 21, 2026 9:33 pm Does his MAGA crowd give a fuck about international relations?It's a sop for their fantasies. Europe - that condescending continent of fags and snobs but also my great grandpa was one of the good ones, repressed by the bastards, came over here made good etc etc - is falling apart because immigration and Islam and ???? = the end of western civilisation, only the US can hold the candle of Socrates + Christianity + ???? = AI pictures of He-Man Trump riding a bald eagle.
US Treasury Secretary Scott Bessent on Tuesday rejected the idea that European governments could aggressively sell American debt to counter Washington's threats over Greenland, saying such a move would "defy logic".
Calling the US Treasury market "the best-performing market in the world" and the "most liquid" debt market, he said he expected Europeans to hold on to their exposure, not offload it.
"There's a completely false narrative there," he said.
"I think everyone needs to take a deep breath. Do not listen to the media who are hysterical."
Bessent says Europe dumping US debt over Greenland would 'defy logic'
About a third of traded American government bonds, estimated at a total of some $30 trillion, is held by foreigners, led by Japan.
Other major holders of US sovereign bonds include the UK, Belgium, Canada and France.
Aggressive selling of bonds would cause long-term interest rates to spike, make the re-financing of the US debt hugely more expensive for Trump's administration and weigh heavily on corporate financing and the economy as a whole.
https://share.google/EkPpEPLZzPYsf5l4m
Youngian wrote: ↑Wed Jan 21, 2026 10:06 pm An unusually meek response from Bessent who's normally fond of making Billy big bollocks threats. I think he's perfectly aware of the logic of a coordinated response to pull the rug from the US economy.Called shitting himself.
US Treasury Secretary Scott Bessent on Tuesday rejected the idea that European governments could aggressively sell American debt to counter Washington's threats over Greenland, saying such a move would "defy logic".
Calling the US Treasury market "the best-performing market in the world" and the "most liquid" debt market, he said he expected Europeans to hold on to their exposure, not offload it.
"There's a completely false narrative there," he said.
"I think everyone needs to take a deep breath. Do not listen to the media who are hysterical."
Bessent says Europe dumping US debt over Greenland would 'defy logic'
About a third of traded American government bonds, estimated at a total of some $30 trillion, is held by foreigners, led by Japan.
Other major holders of US sovereign bonds include the UK, Belgium, Canada and France.
Aggressive selling of bonds would cause long-term interest rates to spike, make the re-financing of the US debt hugely more expensive for Trump's administration and weigh heavily on corporate financing and the economy as a whole.
https://share.google/EkPpEPLZzPYsf5l4m
Little Saint James is a small private island in the United States Virgin Islands, southeast of Saint Thomas. It was owned by American financier and convicted child sex offender Jeffrey Epstein from 1998 until his death in 2019.
Due to Epstein's years of ownership, and especially its alleged use as a base of operations for underage sex trafficking, the island is most often nicknamed Epstein Island.
The Weeping Angel wrote: ↑Wed Jan 21, 2026 9:51 pm He seems to have backed down.The Golden Dome. Well, it had to be "golden", didn't it, and of course parroting Israel's "Iron Dome". He does know that as a metal, gold is as soft as shit, right?
- By Bones McCoy