Scott Bessent replied to a question on Danish investments by saying that ‘Denmark’s investment in US treasury bonds, like Denmark itself, is irrelevant’
We are at immediate risk by our overexposure to the US economy. This is in terms of (i) their predictable economic risk and (ii) their (current) overt abuse of financial leverage.
We should treat as we would with any financial portfolio, which means that we should diversify to reduce our risks. We must invest positively for growth and development in the EU and wider world outside of the US.
We are at immediate risk by our overexposure to the US economy. This is in terms of (i) their predictable economic risk and (ii) their (current) overt abuse of financial leverage.
We should treat as we would with any financial portfolio, which means that we should diversify to reduce our risks. We must invest positively for growth and development in the EU and wider world outside of the US.