Danish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government finances
- Danish pension operator AkademikerPension said it is exiting U.S. Treasurys over finance concerns tied to America’s budget shortfall.
- The move comes amid increasing tensions with the U.S. over Greenland as President Donald Trump pushes for control of the island.
- AkademikerPension said it plans to have closed its position of around $100 million in U.S. Treasurys by the end of the month.
U.S. Treasuries were once the safest asset on earth. Now they’re being labeled a rising credit risk. That’s not normal. That’s a flashing red warning light for the global financial system.
Denmark isn’t panicking. They’re calmly saying, “No thanks you can fuck off Don,” and walking away from the dumpster fire. And honestly, who can blame them?
(its the Norwegian flag by the way. AI still got a lot to learn)
It's better to be out wishing to be in... than to be in wishing to be out!