logoalt Hacker News

lingrush4yesterday at 4:57 PM1 replyview on HN

No, it's pure symbolism. Countries don't purchase US treasuries to be charitable to the US. This hurts Denmark just as much as it hurts the US. And in relative terms, Denmark is going to feel the pain from this way more than the US since the US economy is 70x bigger than Denmark's.


Replies

overfeedyesterday at 6:57 PM

You could measure this by looking at the Pensions fund performance vs US treasuries over the next decade or so.