Look, the US is the king of the hill. We just need to start acting like it. Welcome to the New Trump World Order. Do what the fuck we say when we say it or suffer the consequences. Enough of the feminine bullshit. We need an ultra alpha male US.gov. When I say jump...........
Canada already said No. You can suffer the consequences as we lower the boom on your economy. We can outlast you in any recession.
One of the ways the United States tries to lower its debt or try to get close to a balance budget is to sell debt (Treasury Securities) to other countries like... 1 - Japan $1.1T 2 - China $768.6B 3 - United Kingdom $765.6B 4 - Luxembourg $424.5B 5 - Cayman Islands $397B 6 - Canada $379B 7 - Ireland $253.4B 8 - Taiwan $234.6B 9 - Switzerland $290.5B 10 - Belgium $331.1B The United States would be fucked if the above listed countries decided to no longer buy our debt for whatever reasons. More importantly, the United States would lose its strong creditworthiness...watched closely by every financial institution in the world. As of March 17, 2025, the United States' credit rating from Moody's is Aaa, with an outlook of stable. Aaa is the highest credit rating. The last time the United States had a balance budget was in 2001 mainly because we sold a shit load of debt to other countries. Further, the reason why other countries buy our debt is because they view the U.S. dollar as the safest and most stable currency in the world. The purchase of the debt is in part through agreements such as trade and NATO. Thus, YES the United States is pulling the most weight in NATO but it does so to advance its agenda involving democracy and for insurance it remains the big dog in global currency backed with support from our Treasury Securities. As of late 2024, foreign entities hold approximately $7.9 trillion in U.S. Treasury securities, representing around 22.9% of the total U.S. debt. Which U.S. President sold the most U.S. debt to the world to help the United States pay it's bills ? Franklin D. Roosevelt but Donald J. Trump ranks #7 on the list of U.S. Presidents needing to sell treasuries to the world to reduce the national debt. Now that Trump has won a 2nd term, he will move up on the below list to surpass a few more U.S. Presidents. Some say it's the main reason behinds Trump's tariff war with other countries...he strongly dislike owing debt to trade partners of the United States and he believes the United States can balance (reduce) it's national debt without needing to sell more debt to other countries. We will not know if Trump will succeed until September 30th...the end of the federal fiscal year...so far it's not looking good and Trump admits there will be short term pain before the end of the year...something he did not tell voters last year. Regardless, this is one of the reason why Trump and Musk must never get their hands on the U.S. Treasury Department...they will try to screw over other countries who the United States owe money to. wrbtrader
Canada will not be controlled by Russia or China but I only say that because China has already tried and failed. Regardless, both Russia and China have always admired Canada's diplomacy and trade relationships. More importantly, Canada and the United States share the northern border with culture, dual citizens, world's largest global trading partners, and Canada is a member of NATO while never threatening NATO it would pullout unlike the United States. Thus, Europe and other Asian Pacific countries would come to the aid of Canada if Russia or China were to invade Canada. Look at it this way, +50 members of the United States Congress are also dual citizens (United States and Canadian citizens)...some with military backgrounds who has trained with the Canadian Armed Forces. Thus, Russia or China invading Canada is no more realistic than Russia or China invading any other NATO country especially now that NATO countries will spend billions of dollars to strengthen Europe's military capabilities without the United States. As stated to you before, the United States Congress would impeach, arrest, military coup of Trump if he ordered an invasion of a democratic country who has shown no military aggression towards the United States and is the biggest trading partner of the United States with +50 members of Congress as dual citizens of both Canada/United States. Simply, maybe its time for you to take a break from the forum because you're taking Trump's trolling of Canada and his trolling of other countries too serious based upon your increasing use of profanity towards other members. Last of all, have you ever served in the U.S. military??? wrbtrader
You're completely off the mark. I'm being genuine here—you don't understand how the current monetary system works. You're completely off the mark. I'm being genuine here—you don't understand how the current monetary system works. The U.S. monetary system is nothing like personal finance. I know you might dismiss this because I'm MAGA, but here’s the truth: Banks (NOT THE US GOV) create the vast majority of money in the US Foreign countries buy U.S. Treasuries for four main reasons: After selling goods/services to the U.S., they receive USD and park it in Treasuries—essentially a super-safe savings account at the Fed. Treasuries are considered the world's safest investment. To manage and manipulate exchange rates. Because the USD is the global reserve currency and you need it to buy oil. The U.S. issues Treasuries only because the law requires it. Creating USD is as simple as typing numbers into a computer—banks do it every day. In reality, banks—not the U.S. government—create the vast majority of USD. Every new bank loan generates money that didn’t exist until the bank entered it into a computer. Banks don’t and cannot lend out deposits. Instead, banks create new money by adding a liability to your account while simultaneously recording the same amount as an asset on their balance sheet—just like that, new money is created. In theory (not that I’m suggesting it), the U.S. could pass a law to stop selling Treasuries entirely. It is illegal for banks to loan out deposits. Fractional reserve lending and the money multiplier are myths within the modern fiat monetary system. These concepts applied during the gold standard era but are no longer relevant in today's system.
We have more ways to apply pressure then you do. If you want to tank both economies well go for it we'll outlast you. The American public doesn't have the safety net to survive a trade war, and the American govt can't afford it. This is literally the dumbest trade war in history, entirely due to your idiot leader Trump. Watch when Trump eventually has to give up.
It’s absolutely appalling how ungrateful Canadians are. You literally owe your entire way of life to the U.S. Here’s a quick list of things you’d be lost without: The internet you’re using: The U.S. invented it. Your computer/phone: The U.S. invented the technology behind them. Cars: The U.S. pioneered the automotive industry. Electricity: The U.S. pioneered the power grids you rely on. Entertainment: Movies, TV, music—invented in the US. Air travel: The U.S. invented modern commercial aviation. Fast food: McDonald’s, Starbucks, and more—thank the U.S. for your cravings.
You essentially said what I said but differently. So yes, in full agreement that Treasury Securities are considered the safest investment as I've already stated as a reason why foreign countries buy U.S. Debt. Not stated...it's one of the reasons why the U.S. will never go to war with China because China owns too much of U.S. Debt as shown in my prior message post. I did not mention Crude Oil because it's a different discussion because some countries view it as their key commodity than the USD while comparing their own currency to the USD. Regardless, I'll say it again, the United States sells Treasuries to other countries to help manage its national debt. Trump is trying to do it differently. A different way of reducing the national debt even though many believe he will fail...resulting in increasing our national debt...pushing Trump up further on that list of U.S. Presidents with the largest percentage increases of national debt as shown in the chart of my prior message post. Trump currently sits at #7 and he did it in just one term. As stated, the fiscal year ends in September 2025 with 3 more years to go. We can discuss how Trump is doing with the national debt after September. wrbtrader