Japan ain't playing. Trump threatened them with tarriffs and now they are offloading their US treasury bonds. Ooops

[Swede]

[dalton99a]

1. Kick

[fujiyamasan]

2. Do you have a link to an actual article

[mahina]

3. I found this

But as far as I read down to mention Japan’s purchasing in January

https://www.barrons.com/articles/treasuries-foreign-sell-gold-765ce81f
Foreigners Dump U.S. Treasuries. Here’s Who Did the Most Selling.

Investors abroad sold longer term Treasuries for three consecutive months, a sign of central bankers reducing their reliance on the U.S. as a financial buffer.

In January, foreigners sold a net $13.3 billion of U.S. notes and bonds that had more than one year to maturity, the latest Treasury data show. It comes after $49.69 billion was sold in December, following sales of $34.41 billion in the month of U.S. elections, November. Global central banks represent a big chunk of foreign demand.

Before the back-to-back net selling of the world’s safest debt, foreigners had kept buying for 15 straight months.

The largest net seller in January was Canada. The U.K. was the largest buyer in January, after having been the largest net seller in December. Norway and Japan were the second and third largest net buyers in January, respectively, Goldman said in a note.

The rationale for selling can be explained in two ways: Threat of sanctions, freezing of foreign assets, and tariffs work because the role U.S. and its currency plays in the financial machinery. Central banks working to shield their own economy from any potential U.S. punitive action in the future could be reducing their use of dollars. To buy Treasuries, central banks exchange their own currency for dollars. To sell, they do the reverse.

[fujiyamasan]

4. Thanks

[RockRaven]

5. Nobody in their right mind would have a business relationship with TCF. And with

guard rails and norms etc failing all around on a daily basis, there is little reason to draw distinctions between TCF and various supposedly independent US institutions.

[BidenRocks]

6. A bushel of Deutchemarks bought a loaf of bread.

After WWI, the currency collapse eventually led to dictatorship and aggression.
And away we go.

[DFW]

11. Close

A bushel of Reichsmark.

Die Deutsche Mark was the very stable currency that made its appearance in the late Forties with the founding of the Bundesrepublik. It was the backbone of the Euro, and one of the few former currencies of the euro nations that never lost its backing by its central bank. Even today, anyone with old Deutsche Mark banknotes can exchange them for euros at any Landeszentralbank in Germany. The old Reichsmark notes are sold to tourists for a few cents each.

[BidenRocks]

15. Things I remember from high school

Over 55 years ago.
Thanks for the correction.

[DFW]

17. I graduated from high school 55 years ago, too

The difference is that I now live in Germany, married to a German woman, and we speak German at home.
I get constant refresher courses............

[Buddyzbuddy]

7. Hell hath no fury like an investor scorned.

The Felon is the dumbest SOB and the Republicans are right in lockstep. Way to go voters, you sure showed us.

[Johnny999r]

42. Dumb + ignorant base dumb and dumber

Thanks for pointing this out Buddyzbuddy.

[elleng]

8. HAHAHAHA!!!!!

(Sorry, bond-holders)

[Baron2024]

9. The Stupidity Of Trump

The stupidity of Trump is staggering. He is going to run this country into the ground like one of his shitty casinos. He is a fraud and a conman and understands nothing about the economy and the government. He does know how to lie and steal though. And he does have some organized fascists around him like Vought and Miller who can tell him what to do to establish a Christian Fascist Dictatorship. Terrible period in history that we live in. Hard to believe that it is real. Feels like bad dystopian fiction.

[Morbius]

12. There is another possibility.

A more disturbing possibility, actually. Maybe he does know what he's doing, and destroying America is the objective. Putin would like nothing more, surely, and we all know Trump's adoration of Putin.

[Baron2024]

13. Possible

I think that Trump is breaking down the country to pieces to sell off the fragments and make a mint. This coincides with Putin's plans. The two are mutually compatible. Trump is incompetent when it comes to government and the economy, but he is a master thief and liar. I do believe that he will destroy the economy and the country if he is not stopped. He wants to be like Putin-- the richest and the most powerful. One advantage that we have is that Trump is old. I do not imagine that he will last another ten years, and he could possibly go much sooner than that, given his age and lack of physical fitness. So at least there is that.

[mopinko]

23. i think u r right about that.

he was talking about the tariffs the other day, saying we didnt need anything from them. he was talking about lumber, and i thought- he’s gonna clear cut fed land.

[dchill]

30. It's definitely a hostile takeover.

All happening because there's no mechanism for punishment for people who violate their oath of office.

[synni]

34. The founding fathers didn't think too far ahead, did they?

I mean, seriously, there always have been people who sought to take over governments. They should have planned *something* for a situation like this.

[dchill]

36. I think it shows how little they understood and expected...

...treason. In my opinion, anyway, treason itself IS an act of war - and we're there.

[Baron2024]

45. Trump Musk Treason

I agree with you about treason. Here is a repost of another post of mine that might be relevant-

Trump and Musk are enemies of the Constitution. They are willfully and repeatedly violating it. That is treason. Feds take an oath to defend the Constitution against all enemies foreign and domestic. We do not take an oath to a president or a leader. Our loyalties are to the Constitution and Democracy. Just because Trump was elected does not allow him to subvert the law and shred the Constitution.

Criminal violation of the Constitution is treason. The Trump Musk Regime has broken the law, usurped the powers of Congress, illegally destroyed federal agencies, and disregarded the judicial branch. This is all a willful violation of the Constitution. They show no signs of stopping and will probably escalate. Trump has repeatedly violated the Constitution and this renders his Presidency null and void. We have the legal right and the moral obligation to remove him from office.

[dchill]

46. We see new violations of the Constitution and oaths taken to it...

... virtually every day. I'm sure many brilliant and qualified legal experts are taking note and preparing lawsuits. I just hope we still can muster the judicial strength to see all of this crackery laid to rest. Musk and Trump - enemies foreign and domestic.

[dchill]

38. The idea that "he is a master thief and liar..." is a trope...

...that has failed upward - just like Trump. He's an obvious, amateur thief and a horrible liar, and practice has not made perfect. Donald Trump has always been the failure of everyone whose job, responsibility or oath of office has been to arrest, discipline and punish him. Like him, they, too, were after something besides truth, justice and the American way. Something bad, cheap and likely illegal.

[Johnny999r]

44. Trump's mental and physical faculties are hurting us.

Baron 2024 is spot on. Trump's downhill slide both mentally and physically is my incentive to outlive him, since we are the same age. A little red guy with horns will be his next cabinet secretary.

[Cha]

19. I think so...about what I posted down thread, nt

[Johnny999r]

43. Baron2024

Indeed. What a clown show his organization is. Selecting unqualified yes men based solely how high they could jump when Trump mumbles incoherently. Spineless sycophants. As long as they remember to cut Trump in on any forced money making opportunities, regardless who the victims are. No shame in these bastards. Musk is the instigator, both have no sympathy for turning thousands of people's lives upside down. Trump and Musk are claiming they are cutting waste and corruption. I wonder if Musk's teams throughly investigated this to make sure those firings were justified under current law. Regardless, it doesn't matter anyway, they just make shit up. I want both to present evidence under oath and watch bootlicker Republicans kiss Trump and Putin's feet during the process. Lying show here we come, presented by the minister weirdo Steven Miller.

[BurnDoubt]

10. They're already selling off the Government in parts...

Coming soon... Foreclosure Season!!!!! Truthfully, NO ONE KNOWS how this ends. The Economy is so much more complex than single-issue voters can imagine, and far beyond the ken of this bunch of Wizards. But they will still profit from the chaos unleashed, regardless (no, REALLY regardless) of the misery they create.

[CountMyVote4Reality]

14. Seems to be part of the grift.

Doesn’t TSF want to replace the $ with his bit coin?

[Figarosmom]

16. That's bad for us

If they can't find someone to buy our debt. Watch Russia buy it up in exchange for Alaska or something. This could send us into a depression real soon.

[Cha]

18. Is this not what MumPutin wants.. Destroy Amreica along

with us in it?

It will hurt the US $$$ But will it hurt Mumputinn?

[DFW]

20. Gold has now been at over $3000 an ounce for a solid week.

Totally nuts. Here in Europe (and no doubt in the USA as well, soon if not already) thieves are grabbing gold chains off women's neck in public to the point where many don't wear them in public any more. They just put them on inside the restaurant or event after they arrive. Ripping a chain off some woman's neck was petty stuff when all the thief could get for it was $40 or so. Now, at about $100 a gram, a 5 gram chain is worth the effort, with very little risk of getting caught, and, at least in most of Europe, no chance of prosecution even if they ARE caught.

Investment marketers in the States that used to sell old $20 gold pieces at $900 each when gold was at $750 used to do quite a regular business selling to the public. For a normal mortal with a little cash to invest, he could buy five of these coins for under $5000. Now? Now it would cost $15,000! People do not have three times the pocket money they did ten years ago, and there are just as many coins around on the market as they were then. I've heard that some dealers are choking on their inventory, and even melting coins that are of lesser states of preservation--unheard of just a few years ago.

There used to be a few outfits in China that were doing perfect copies of 100 gram gold bars with a 1mm layer of .9999 gold on the outside, but tungsten on the inside. The specific gravity is almost the same, and only very sophisticated detection could tell the difference. Colleagues have told me that many dealers have been fooled, and bought the fake bars, with maybe $600 worth of gold on the outside, and a few dollars' worth of tungsten on the inside, for $3000+ thinking they were the original solid gold bars from Swiss Banks, Johnson Matthey, or whoever. The Chinese have apparently managed to replicate the exterior perfectly. Big honey attracts big flies.

[yardwork]

33. China has been making exact copies of things for a long time.

As long ago as the 1970s Chinese companies were pirating books, then they moved on to DVDs. They pirate luxury goods. They're very skilled.

[DFW]

35. They can duplicate almost anything

When Donald Trump died in 2018, the clone they made from his DNA looks exactly like the original, although the Beta version is much meaner and grasps even less about the government he thinks he is running.

[dchill]

39. ...and is at least as incontinent as the real thing.

A difference that makes no difference is no difference.

[DFW]

41. They have gotten better with the smnall details n/t

[BoRaGard]

21. G.O.P. is trashing the US economy

[dchill]

40. The only thing they can succeed at is failure.

[JanMichael]

22. Maybe the goal is simple destruction.

Not like it's planned or anything other than to crash the United States. No plan after that.

That's what Putin has paid Trump for. Destroy the United States. That's it. Super simple.

[yardwork]

31. That is the plan.

Putin wants to weaken the U.S. and destabilize alliances among democracies. So far it's working very well with very little pushback.

[SnoopDog]

24. US Treasuries represent the money the US Gov has borrowed - $36 Trillion

This occurs when the Republican Party gives tax cuts to the wealthy without paying for them. The $36 Trillion is also the amount of cash that the Wealthy were allowed to keep.

If Japan, other countries, and regular investors decide to cash in those Treasuries - the USA would be insolvent. Why? Because we could not pay back $36T.

You will see a run on cashing in those Treasuries - investors getting their money back before there is no more USA.

[Jit423]

25. But won't the Trumpsters turn on us all and order Crypto to be the US currency?

How bad can that get?

[Scrivener7]

26. Anyone who didn't see this coming a mile away should not be running a country.

[yardwork]

28. It's all part of the plan.

Putin's plan to destroy America, that is.

[yardwork]

27. So much winning.

[AnnaLee]

29. I had not thought of Japan

but
I admit I have been wondering when China and, now, Europe and Canada would use the selling of US bonds as part of their means of controlling the US.

[republianmushroom]

32. How is all this winning working for you, trump ?

[RazorbackExpat]

37. In Japan's case, they're selling dollars to bolster the yen

Prime Minister Ishiba has come out saying that he's going to strengthen the US-Japan relationship. For what it's worth, he doesn't have much of a choice because there are 3 crazy countries to the immediate west of Japan. But at the same time, his approval rating is even lower than Trump's