Again, check out the impact globally of dumping enough US Treasury bonds that it actually hurts. I’m 100% for the idea of impacting their economy, but what this guy suggests disproportionately hurts countries like Japan who hold a lot of US treasuries. There’s collateral damage here.
Want some better options? Go check out Cory Doctorow’s last talk on ignoring US IP law and digital locks on products https://youtu.be/3C1Gnxhfok0 . How about organizing EU wide boycotts of US goods and services. These are more targeted options that are still hitting them in the money.
ETA: so again, if someone could inform me how this is wrong please reply with something constructive
Honestly, go after any bit of the economy. A “bad economy” is only bad for the wealthy who profit off the system. Wipe out their wealth and they’ll be brought to their knees 🥹
I didn’t suggest going after treasuries. I said going after the money making apparatus’s of the oligarchs: cars, oil, IT, liquor. Ensure they can’t easily make money overseas.
Sorry, when you said “that’s the only way there’s going to be change” in response to the guy suggesting dumping treasuries, it came off like you thought that was a good call.
Again, check out the impact globally of dumping enough US Treasury bonds that it actually hurts. I’m 100% for the idea of impacting their economy, but what this guy suggests disproportionately hurts countries like Japan who hold a lot of US treasuries. There’s collateral damage here.
Want some better options? Go check out Cory Doctorow’s last talk on ignoring US IP law and digital locks on products https://youtu.be/3C1Gnxhfok0 . How about organizing EU wide boycotts of US goods and services. These are more targeted options that are still hitting them in the money.
ETA: so again, if someone could inform me how this is wrong please reply with something constructive
Honestly, go after any bit of the economy. A “bad economy” is only bad for the wealthy who profit off the system. Wipe out their wealth and they’ll be brought to their knees 🥹
Everyone should watch that talk, it’s amazing and would be such a powerful tool.
I didn’t suggest going after treasuries. I said going after the money making apparatus’s of the oligarchs: cars, oil, IT, liquor. Ensure they can’t easily make money overseas.
Yup 100% agreed.
Sorry, when you said “that’s the only way there’s going to be change” in response to the guy suggesting dumping treasuries, it came off like you thought that was a good call.
Oh. Gotcha. My bad.