Nordic Pension Funds Dump Billions in U.S. Treasuries
The Spin
Anti-Trump narrative
Europe must wield its ultimate deterrent: $2.84 trillion in U.S. Treasuries. With America drowning in tens of trillions in debt, suffocating under trillion-dollar interest payments, and Trump desperately demanding rate cuts while his own tariffs fuel inflation, coordinated European divestment isn't merely an option — it's the weapon that could extinguish Washington's delusional imperial ambitions.
Narrative B
The notion that Europe can weaponize Treasury holdings is pure fantasy since private entities own these assets, not governments, making coordinated sales impossible. Massive divestment would trigger mutual destruction through euro appreciation and European recession, which is why even China never followed through on similar threats and gradually reduced holdings instead.
