Europe Mulls Dumping US Treasuries if Trump Cuts Ukraine Deal
European officials are considering a drastic economic response to potential geopolitical shifts involving the US and Russia, specifically if the US abandons its commitment to Ukraine. The plan involves the mass liquidation of the US Treasury securities held by European governments, a move that could destabilize the American economy. With the UK and EU holding approximately $2.34 trillion in US debt, a coordinated sell-off could trigger a financial crisis, potentially worse than the 2008 crash. Such action is being considered due to concerns over a potential deal between the Trump administration and Russia, which could undermine European security interests.
John Q. Hosedrinker