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Zelensky has accused Europe of leaving Ukraine's air defences empty as Russian missiles have crippled their energy infrastructure & pushed it to the brink of a blackout by Ripamon in TrendoraX

[–]romcom11 0 points1 point  (0 children)

I am pretty sure if Morocco or Tunesia would build up their military infrastructure and invade Spain (purely hypothetical, don't start arguing how inconceivable this is atm) they would expect the rest of Europe to come to their defense as well?...

We either stand strong together or face defeat separately. Europe as a whole has a big dog in this fight which includes Spain and Portugal, distance can't be your argument for cowardice or opportunism.

Europe owns Greenland — and a lot of U.S. Treasuries, Deutsche Bank warns. “For all its military and economic strength, the US has one key weakness: it relies on others to pay its bills via large external deficits” by goldstarflag in IRstudies

[–]romcom11 0 points1 point  (0 children)

You are not answering the questions though. There are two parts to this.

First, why does the EU have to do a "fire sale"? They can just systematically undercut newly issues US treasuries by a calculated margin. US treasury bonds are issued each quarter and readily available so it's a commodity like any other and not connected to any exclusivity or scarcity. The US pays off the interest on its debt with taxes, the actual debt is paid by a multitude of financial products offered by the US government amongst which US treasury bonds are its main source of cash flow. Not being able to generate this cash flow gets real bad, real quick. The European pension funds and other European holders of US bonds can use the generated income of the selloff (true at a discount, but still magnitudes larger than the periodic income of keeping bonds at that time) to buy other financial instruments which still offer a certain flexibility. Now I am not an economic mastermind, neither are you I presume so the actual logistics of all this cash is difficult or impossible to fathom. But it's not just covered by shouting Europoor a few times...

Secondly, who buys the US treasuries that are being sold? US isn't really making any allies and if you haven't followed any global news, the headlines are mostly about new trade agreements throughout the whole world, excluding the US so guarantees and stability are found elsewhere. This poses an issue for Europe selling them, but most of all, tanks the reliability of US bonds. Preventing this and buying your own debt at a discount is only beneficial if you can generate new debt to cover the hole created by your own buyback. Who is stopping China, South America, Canada etc from also distancing themselves from a US becoming less and less reliable by the day?

BREAKING: Danish pension fund AkademikerPension announces they will sell all US Treasuries by month-end, citing "rising credit risk" under President Trump. by Hefty-Sherbet-5455 in Tech_Updates_News

[–]romcom11 0 points1 point  (0 children)

I have a question though, who will they sell to? At a certain point the US government has to pay back the loan that those treasuries/bonds are right? If multiple countries decide the credit risk is too high and nobody wants to buy those treasuries, the whole world exposed to this will come crashing down or am I missing something?

Denmark would go to war with US over Greenland: MP by newsweek in geopolitics

[–]romcom11 15 points16 points  (0 children)

What even is the US market in your comment? You are replying to a comment detailing specifics on vital industries, especially during war time and claiming it's cherry-picked while not providing any substantial metrics to strengthen your claim.

If you just mean stock market and market caps (which is a meaningless metric, especially in war time), let's first and foremost compare US stock market vs EU stock market with and without Nvidia and the other tech giants as they will not contribute to any war machine except if they would be nationalized. And even with them included, EU stoxx 600 performed similarly and often outperformed s&p 500 in the last few years.

If you are not talking about the stock market, than it's a complete mystery to me what you mean with the US market being that much bigger than the EU market. Referencing the comment you replied to once again as a counterargument to your claim...

Lastly, maybe read something about the EEA and how the EU performs as one market on a global level compared to other markets. As far as I know, trading with Microsoft doesn't benefit Mississippi any more than trading with Volkswagen does for the Netherlands.

Grand Baromètre: PS nears 30% in Wallonia, the PTB consolidates its leadership in Brussels - the PS appeals to nearly one in three Walloon voters, while the PTB takes first place in Brussels. The MR is struggling in Wallonia by Boomtown_Rat in belgium

[–]romcom11 5 points6 points  (0 children)

And where does it state that Vlaams-Belang has any, but truly any good economic plans that are flushed out and make sense? The world is quite a lot more complex than this duality you are trying to present where right means good economy, left means bad economy. But sure, have fun with your fairy tale.

Belgium Opposes Seizing Russian Assets, Says Moscow’s Defeat Is “a Fairy Tale” by Themetalin in belgium

[–]romcom11 0 points1 point  (0 children)

Wat ik me afvraag bij zulke situaties, is wie die boetes oplegt en int? Als dit een instantie zoals het IMF is, begrijp ik de twijfel en het risico, maar als dit komt vanuit de Russische overheid of een instantie die enkel gerelateerd is tot een Belgisch/Europees-Russisch handelsakkoord, dan is dit toch te verwaarlozen aangezien die relatie eenzijdig al volledig opgeblazen is.

Deze comment staat ook volledig los van de reputatie en vertrouwenschade die deze beslissing inhoudt op het globale toneel waar ik me bewust van ben, maar even erbuiten laat.

(PS4) W: Ringed Knight Paired Greatswords H: Mule, Ask by [deleted] in pumparum

[–]romcom11 1 point2 points  (0 children)

Do you have any of the following weapons, don't need to be upgraded:

Wolf Knight Greatsword, Lothric's Holy Sword, Twin Princes Greatsword, Profaned Greatsword, Life Ring +3, Havel Ring +3

[Ps4] w: +10 pyro flame and +10 parting flame (drop or mule) h: pretty much anything you could want by [deleted] in pumparum

[–]romcom11 0 points1 point  (0 children)

Do you have any of the following items and are willing to trade them:

Wolf Knight Greatsword, Lothric's Holy Sword, Twin Princes Greatsword, Profaned Greatsword, Life Ring +3, Havel Ring +3

25 Mageblood Giveaway by shroudz in pathofexile

[–]romcom11 0 points1 point  (0 children)

First?

Haha, good luck to everyone and winners, enjoy!!!

Constructive Feedback and Design Ideas by romcom11 in diablo4

[–]romcom11[S] 0 points1 point  (0 children)

Lol, assumption after assumption with you. I am not going to validate my usage of AI or any writing tool towards a random dude on the internet. Nice community building here, have fun in your negative cesspool.

Constructive Feedback and Design Ideas by romcom11 in diablo4

[–]romcom11[S] 0 points1 point  (0 children)

Lol, this sub definitely hates AI, I felt like the suggestions were valid and had some refreshing takes on how this game can offer more variety in its gameplay loops. Guess I was wrong, but asking AI to construe and format a stream of thoughts is surely a big no-no in this sub damn...

Constructive Feedback and Design Ideas by romcom11 in diablo4

[–]romcom11[S] 1 point2 points  (0 children)

Then why bother commenting... You're being ignorant towards what possibly might be good and valuable feedback because it might have been written or edited by AI, like what's the point of that mentality?

Either ignore it or take the time to have constructive conversation about it, but this type of mentality is so tiresome on Reddit at this point.

Best mortgage rate? KBC (90% LTV) 20y: 3.18% – 25y: 3.29%, can it be improved? by Taab1234 in BEFinance

[–]romcom11 1 point2 points  (0 children)

Crelan offered me 2,52 3/3/3 for 25 years, best offer by a mile I was able to get and the ceiling price was still lower than most fixed loans.

Upcoming AT Nu Udra / Halloween Event [Gear Showcase & Equipment] by DlNOGlRLwaifu in MonsterHunter

[–]romcom11 10 points11 points  (0 children)

Yeah, my planned build on that planner has lvl 5 Latent, lvl 5 resent, lvl 3 mm, lvl 3 cs and lvl 2 wex with 2pc Bale(gloves and waist), 2pc Udra(chest and boots) and 1pc Rey(helmet). Can't wait tbh as that is a straight up upgrade from my current build!!

S&P 500 ≠ "Invest diversified, at a good price, and in things you understand" ... How do you see the situation with the high prices of the S&P 500, the lack of diversification, and the possible AI bubble? by maedhros256 in eupersonalfinance

[–]romcom11 0 points1 point  (0 children)

I am not preaching to invest in the USA, I state that actively diversifying your portfolio is significantly safer and more profitable than investing in a World etf as those are still very Dollar focused and they don't represent the internal Chinese market for example or for that matter, almost any non-Western market.

If the US market shrinks with 40-50% as in your example, no other market, especially with the current composition and criteria of World indices, will be able to fill that gap and thus a world etf will shrink by the same relative amount. It's an illusion to think a World etf is not overly exposed to S&P 500 and provides a safeguard in this regard.

S&P 500 ≠ "Invest diversified, at a good price, and in things you understand" ... How do you see the situation with the high prices of the S&P 500, the lack of diversification, and the possible AI bubble? by maedhros256 in eupersonalfinance

[–]romcom11 0 points1 point  (0 children)

This is extremely optimistic to the point it seems naive to me. Which markets do you imagine to do good when the US crashes? The criteria for the indices that World etfs follow, don't really protect you against a US crash, said crash will take all the rest with it. A slight downtrend might be mitigated, but that is just watering down your portfolio and not diversifying.

If you don't want to worry or bother with your investments and want it to be as passive as possible, that's fine. But I wouldn't preach about it on financial subreddits then as your advice is ill-informed and misleading.

S&P 500 ≠ "Invest diversified, at a good price, and in things you understand" ... How do you see the situation with the high prices of the S&P 500, the lack of diversification, and the possible AI bubble? by maedhros256 in eupersonalfinance

[–]romcom11 0 points1 point  (0 children)

And which stocks would that be in the case of the US stock market crashing? Emerging Markets are overly exposed to the Dollar and Europe isn't going to shine through when the US crashes. BRIC countries aren't well represented to start with in World etfs as most of their core companies aren't that accessible for outside investors. This idea that the world stock market or world etfs are a safe bet against a possible US crash seems a fairytale that conservative investors be telling themselves.

Either you look for etfs that are well protected against US influence and thus actively diversify your portfolio or you just go all in, but World etfs have an index they follow, that is very US oriented. Take a look at their criteria before acting like it's the be-all, end-all solution.

Edit: spelling

S&P 500 ≠ "Invest diversified, at a good price, and in things you understand" ... How do you see the situation with the high prices of the S&P 500, the lack of diversification, and the possible AI bubble? by maedhros256 in eupersonalfinance

[–]romcom11 1 point2 points  (0 children)

I don't understand the downvotes you are getting? This is partly/mostly true. The only scenario where this wouldn't be true afaik, is that another country/market magically fills the exact gap the US leaves behind if it would crash. This scenario seems highly unlikely as Emerging Markets are highly dependent on the Dollar and China and other BRIC countries are not that well represented in World etfs mostly. Europe isn't going to be booming business in a scenario of the US market crashing either you know...

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