Luxembourg casually holding american debt Tags:luxembourg 13 comments America is horrible terrible and evil Belgium and Luxembourg, best pals of Uncle Sam! 🇺🇸🇺🇸🇺🇸 (Maybe also pals you don’t want to upset too much because they will stop buying your debt) It’s not actually Luxembourg. Rather investors from around the world, using Luxembourg as an intermediary to hold Treasuries. It’s not the government, but businesses located here, maybe even American ones like State Street I don’t get it? Literally every country does it (except for maybe NK or something). Countries hold other countries’ debt, huge surprise… You’re going to tell me the ECB has U.S. Treasury Bonds or that the FED has euro denominated bonds next lol. I suppose our fund market worth more than 5,000,000,000,000 plays a role there Treasuries are paying out like 5% right now. Do you think the US is going to default? Lux money laundering . State street bank and others One hand washes the other Half of that belongs to a wealthy individual with a Colombian wife It’s more about financial institutions with foreign passports but yeah x) China now #2 ? This means they have started getting rid of their $. Lux should start doing the same. Follow the leader! It’s not the state of Luxembourg holding US debt. It’s funds based in Luxembourg holding US debt. Leave a ReplyYou must be logged in to post a comment.
Belgium and Luxembourg, best pals of Uncle Sam! 🇺🇸🇺🇸🇺🇸 (Maybe also pals you don’t want to upset too much because they will stop buying your debt)
It’s not actually Luxembourg. Rather investors from around the world, using Luxembourg as an intermediary to hold Treasuries.
I don’t get it? Literally every country does it (except for maybe NK or something). Countries hold other countries’ debt, huge surprise… You’re going to tell me the ECB has U.S. Treasury Bonds or that the FED has euro denominated bonds next lol.
China now #2 ? This means they have started getting rid of their $. Lux should start doing the same. Follow the leader!
13 comments
America is horrible terrible and evil
Belgium and Luxembourg, best pals of Uncle Sam! 🇺🇸🇺🇸🇺🇸
(Maybe also pals you don’t want to upset too much because they will stop buying your debt)
It’s not actually Luxembourg. Rather investors from around the world, using Luxembourg as an intermediary to hold Treasuries.
It’s not the government, but businesses located here, maybe even American ones like State Street
I don’t get it? Literally every country does it (except for maybe NK or something).
Countries hold other countries’ debt, huge surprise…
You’re going to tell me the ECB has U.S. Treasury Bonds or that the FED has euro denominated bonds next lol.
I suppose our fund market worth more than 5,000,000,000,000 plays a role there
Treasuries are paying out like 5% right now. Do you think the US is going to default?
Lux money laundering . State street bank and others
One hand washes the other
Half of that belongs to a wealthy individual with a Colombian wife
It’s more about financial institutions with foreign passports but yeah x)
China now #2 ? This means they have started getting rid of their $. Lux should start doing the same. Follow the leader!
It’s not the state of Luxembourg holding US debt.
It’s funds based in Luxembourg holding US debt.