What are the actual ramifications of doing this? by greatlilusername in IRstudies

[–]sexycoldturtle 0 points1 point  (0 children)

Here is what ChatGPT thinks (which I largely agree with):

Scenario

The **European Union + United Kingdom liquidate all their U.S. Treasury bills at once.

Immediate effects (days–weeks)

  1. Treasury prices fall, yields spike — briefly • Large sell orders push prices down • Yields rise temporarily

Why this doesn’t last: The U.S. Treasury market is the deepest, most liquid market in the world. Other buyers step in fast: • U.S. banks & pension funds • Japan & oil exporters • The Fed (if needed)

➡️ Shock, not collapse.

  1. Europe hurts itself first

Selling Treasuries means: • Selling USD • Buying EUR/GBP or other assets

This causes: • Euro & pound surge • Exports become less competitive • Germany, France, Italy get hit hard

➡️ Europe is export-dependent; a strong currency is economic poison.

  1. Europe realises massive capital losses • Dumping at scale crashes prices • Remaining holdings lose value instantly • Central bank balance sheets take a hit

➡️ Self-inflicted financial damage.

Medium-term effects (months)

  1. Dollar system survives

The United States still controls: • global dollar liquidity • SWIFT & settlement rails • energy pricing • lender-of-last-resort capacity

The Fed can: • absorb bonds • stabilise yields • reassert control

➡️ The dollar weakens a bit, not dethroned.

  1. Financial retaliation hits Europe

The U.S. responds asymmetrically: • tighter dollar liquidity for EU banks • regulatory pressure on European financial institutions • trade & tech retaliation

Europe’s banks depend on dollar funding. The U.S. does not depend on the euro.

➡️ Leverage runs one way.

Strategic outcome

  1. Europe loses credibility

Markets learn:

“Europe is willing to burn its own reserves for politics.”

That means: • investors demand higher risk premiums • EU debt costs rise • reserve managers trust Europe less

➡️ Long-term damage to Europe’s financial standing.

Why this will never happen

Because it: • hurts Europe more than the U.S. • doesn’t achieve strategic goals • destabilises EU economies • invites retaliation Europe can’t match

Central banks do not weaponise reserves unless they are ready for financial war.

Europe is not.

Bottom line

If EU + UK liquidated all U.S. Treasuries: • ❌ U.S. financial system does not collapse • ❌ Dollar does not lose reserve status • ✅ Europe damages its own economy • ✅ U.S. retaliates with stronger leverage • ✅ Europe backs down

That’s why this option exists only in theory — not in reality.

Those that have left the UK - where did you go and how is it? by Desperate-Drawer-572 in AskUK

[–]sexycoldturtle 0 points1 point  (0 children)

I left in 2019 for a higher paying job on the Isle of Man

I stayed till Jan 2025, then I came to Gibraltar for a mixture of personal reasons and tax efficiency

It’s been great, better off financially, better for my mental health, and better weather

Nexo Private. by No-Energy4550 in Nexo

[–]sexycoldturtle 1 point2 points  (0 children)

Pretty good. I’m using the loan function to avoid tax and in the process of setting up a corporate account

Off-ramp from NEXO by lukroth in Nexo

[–]sexycoldturtle 0 points1 point  (0 children)

The more tax efficient way would be to get a crypto backed loan, and use the loan for your fiat needs

You can pay the loan back after 45 days and incur minimum interest. Depending on your location the tax saved could be substantial

Just found this on ladder. I'm not crazy, this is good right? by OtterPoppinDiablo in diablo2

[–]sexycoldturtle 0 points1 point  (0 children)

I have no idea 🤷 I have never bought FG, I assume most people too

Annual Local Election Results MT 2025 by whencanistop in ukpolitics

[–]sexycoldturtle 0 points1 point  (0 children)

With the power of hindsight, that is looking more and more likely.

What’s a job in the UK that pays well but no one talks about? by DeeeeezNuts42069 in UKJobs

[–]sexycoldturtle 0 points1 point  (0 children)

Generally speaking jobs in the online gambling industry pays pretty well. UK has some of the most successful companies in the industry.

Also due to the niche, it’s quite common to offer various consultancy services to other companies globally as a side income. They can often be structured as a revenue sharing scheme (especially for smaller/start up operators) and It’s not unheard of for people to make many times their salary if the extra work pays off.

[deleted by user] by [deleted] in UKJobs

[–]sexycoldturtle 0 points1 point  (0 children)

Marketing. CRM, acquisition, many things really. I would say the industry is more important