• protist@mander.xyz
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      6 hours ago

      When you hear reported [Japan] owns [$x.xx] in US Treasuries, that figure isn’t a monolith. The Japanese government owns some, and Japanese corporations own some, and the Japanese people individually own some, and more. It would have to be a collective effort, and there would realistically need to be a financially sound alternative place for them to safely park their money

      • StinkyFingerItchyBum@lemmy.ca
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        1 hour ago

        financially sound alternative

        That’s an interesting concept in this context. What’s financially sound in a possible WWIII? As far as alternatives, I think it relative. Relative to a sinking ship that will suffer severe divestment from around the world, almost anything, really.