this post was submitted on 17 Jan 2026
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[–] frozenicecube@lemmy.ca 1 points 4 months ago* (last edited 4 months ago) (3 children)

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

[–] simonsays@piefed.social 3 points 4 months ago

Everyone should watch that talk, it’s amazing and would be such a powerful tool.

[–] ramble81@lemmy.zip 2 points 4 months ago (1 children)

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.ca 1 points 4 months ago (1 children)

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.

[–] ramble81@lemmy.zip 2 points 4 months ago

Oh. Gotcha. My bad.

[–] mrnobody@reddthat.com 2 points 4 months ago

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 🥹