Europeans are quietly preparing to break free from Donald Trump's grasp. To outsiders, it may seem like business as usual, but behind closed doors, EU leaders and policymakers are taking steps to disentangle themselves from the unpredictable US president.
The plan is not to completely sever ties with Washington, but to create a degree of financial separation that limits Trump's ability to exert control over European economies. This could involve closing joint bank accounts, cutting credit cards, or even issuing eurobonds – sovereign bonds issued in euros – as an alternative to US Treasury bonds.
Several European pension funds have already taken the first step by announcing plans to sell their remaining US government bonds. The AkademikerPension fund in Denmark, with a multibillion-pound investment portfolio, has sold all its US bonds and is now looking to hedge against potential losses.
Experts say that if more pension funds follow suit, it could create a ripple effect, leading to increased sales of US bonds across the continent. This would not only reduce Europe's exposure to US debt but also provide an alternative safe haven for investors.
The European Commission has been exploring this idea for years, and now is the time to take action. Brussels can create a permanent market for eurobonds, which could rival the existing US bond market. While there are logistical challenges to overcome, the benefits of such a move would be significant.
By creating their own debt market, Europeans can insulate themselves from Trump's threats of financial punishment and reduce their reliance on US Treasury bonds. It's a clever move that has been gaining momentum, and it's essential for Europe to take action before it's too late.
The signs are clear: the post-World War II order is under threat, and Washington's next president will likely be just as belligerent. By taking control of their financial destiny, Europeans can reduce their vulnerability to Trump's antics and create a more stable future for themselves and their economies.
It's time for Europe to assert its independence from Washington and build a new relationship with the global economy that reflects its values and interests. The time to act is now, and it starts with creating a rival market for eurobonds that could drain the US bond market even further.
The plan is not to completely sever ties with Washington, but to create a degree of financial separation that limits Trump's ability to exert control over European economies. This could involve closing joint bank accounts, cutting credit cards, or even issuing eurobonds – sovereign bonds issued in euros – as an alternative to US Treasury bonds.
Several European pension funds have already taken the first step by announcing plans to sell their remaining US government bonds. The AkademikerPension fund in Denmark, with a multibillion-pound investment portfolio, has sold all its US bonds and is now looking to hedge against potential losses.
Experts say that if more pension funds follow suit, it could create a ripple effect, leading to increased sales of US bonds across the continent. This would not only reduce Europe's exposure to US debt but also provide an alternative safe haven for investors.
The European Commission has been exploring this idea for years, and now is the time to take action. Brussels can create a permanent market for eurobonds, which could rival the existing US bond market. While there are logistical challenges to overcome, the benefits of such a move would be significant.
By creating their own debt market, Europeans can insulate themselves from Trump's threats of financial punishment and reduce their reliance on US Treasury bonds. It's a clever move that has been gaining momentum, and it's essential for Europe to take action before it's too late.
The signs are clear: the post-World War II order is under threat, and Washington's next president will likely be just as belligerent. By taking control of their financial destiny, Europeans can reduce their vulnerability to Trump's antics and create a more stable future for themselves and their economies.
It's time for Europe to assert its independence from Washington and build a new relationship with the global economy that reflects its values and interests. The time to act is now, and it starts with creating a rival market for eurobonds that could drain the US bond market even further.
. Like, we all knew he was a wild card, but I didn't think Europe would actually start pulling away from him 
. Creating their own debt market is genius, tbh 
. It's like, they're not trying to cut ties completely, just take control of their own financial future 
. And can you imagine if more pension funds follow suit? It could be a major game-changer for Europe 
. We need to keep an eye on this one and see how it plays out 
.
. Europe needs to step up and take care of itself, you know? Trump's antics are getting old and it's not like they can rely on the US forever 
No thanks. Europeans deserve better than to be held hostage by a US president who's only looking out for his own interests 
. Let's see some action from Brussels soon! ⏱
. Trump's unpredictability is like, who knows what's gonna happen next? 
. It's all about being prepared and not relying on others for our economic well-being 
.
. And let's be real, if the EU wants to build a new relationship with the global economy that reflects their values and interests 
, they gotta take control of their own financial destiny 
.
. By taking action now, Europe can create a more stable future for themselves and reduce their vulnerability to Trump's antics 
.
think this is a pretty clever move by europeans, they're not trying to cut ties completely, just create some distance between themselves and trump's whims. it makes sense too, all those pension funds selling their us bonds is already a sign that something is brewing. 
and OMG the food was insane!! I mean, have you ever tried those crazy-delicious ramen noodles? 
I ended up eating like 10 bowls of them while on my trip 
. Anyway, speaking of food, have you guys tried that new vegan restaurant downtown? I heard it's got some amazing plant-based burgers 
.
. It's like they're saying, "You know what? We don't need to rely on Trump's whims anymore." Closing joint bank accounts and issuing eurobonds is a solid move – it shows they're proactive about securing their economic stability 
.
. The post-World War II order might be under threat, but with this move, Europeans are taking matters into their own hands 
.
, one that bypasses the US route and connects Europe to other parts of the world 
. But hey, better late than never, right? 
u r doin alright? just saw this news bout europe breakin free from trump's grasp & i gotta say its kinda inspiring 
they're takin control of their own finances & creating a new future 4 themselves, that's somethin we can all learn from