"The US is basically not a good credit and long-term the US government finances are not sustainable," he told Bloomberg.
As Trump and his pals fly around in his tax payer luxury Air Force One, most of us continue to pay higher prices for EVERYTHING!!
But gee, gas price has been been down a bit --so that makes up for the other high
prices----!! damn!!
Danish pension fund sells off US debt amid Trump-Greenland row
https://www.msn.com/en-us/news/world/danish-pension-fund-sells-off-us-debt-amid-trump-greenland-row/ar-AA1UBnQs?ocid=winp1taskbar&cvid=3bbd843a99ad4d37fca481503a73c2c6&ei=12
Story by Chris Price, Tim Wallace, Nora Redmond • 18h •
A Danish pension fund has said it plans to divest its holdings of US government debt in response to Donald Trump’s threats against Greenland.
AkademikerPension, which manages around $25bn in savings for teachers and academics, said it would sell off around $100m worth of US Treasuries by the end of this month.
Its chief investment officer Anders Schelde announced the move with a swipe against the health of the US economy as president Trump ramps up a global trade war.
“The US is basically not a good credit and long-term the US government finances are not sustainable,” he told Bloomberg.
Stock markets in the UK, Europe and on Wall Street have plunged today as tensions were ratcheted up in various meetings at the World Economic Forum in Davos.
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