• frozenicecube@lemmy.caOP
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    5 hours ago

    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

    • ramble81@lemmy.zip
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      7 hours ago

      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.

      • frozenicecube@lemmy.caOP
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        7 hours ago

        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.