Trump’s Greenland Push Risks $8 Trillion Worth of US Bonds () program details. Reviews, Scam or Paying
Europe holds close to $8 trillion worth of US Treasuries, bonds, and equities, and Trump’s Greenland push is raising concerns of a major sell-off. The ‘Sell America’ fears are taking over the market, as it is bracing for a potential crisis. Treasuries sold off on Tuesday as yields climbed to their highest level in more than four months. “Europe owns Greenland; it also owns a lot of Treasuries,” wrote George Saravelos, Deutsche Bank’s global head of currency research, in a note this week. Also Read: Ripple CEO Responds to XRP Price Crash Post With Subtle Signal US Greenland Plot: $8 Trillion Bonds, Treasuries, Equities At Risk Source: FT Montage / Getty Images/Reuters Saravelos highlighted that despite the US being a superpower, its economy depends on importing dollars. The more other countries keep the US dollar-denominated assets, the more its economy powers through. Europe holds the key to these prospects as a sell-off over the Greenland issue could harm the US the ...