EU

furrysalesman69

From my understanding, when bonds mature you get money from the government, basically you loan them money and you wait some years for it to mature and then get money back. This information from the EU dumping out bonds makes me think that it’s pulling the money it loaned out to US originally. It’s basically in my mind saying ”we want our money back.” If not enough time has passed, I believe the bond growth is severely culled. I could be wrong though.

TopTippityTop

The world, and in large part the EU has taken massive amounts of debt denominated in USD. As some countries leave the dollar system, those that stay find themselves with less dollar liquidity with which to pay their loans. This puts massive upward pressure on the dollar. For the world to move away from the USD they need to refinance their debts collectively into something else... But there isn't a great viable alternative yet. In addition, I believe we are about to see gold and silver do quite the dip. 

El_Diablo_Feo

Typical American arrogance honestly. Someone didn't pay attention to what Carney said at Davos. The old order is gone.... Now the middle powers must unite. People expect the EU will sit idly by. But being old countries they have more restraint, patience, and experience than to beat their chest like the fucking toddler monkey that Trump and his sycophants are. We'll see where things end up, but an America first under this regime will be an America alone...

DougDHead4044

Nah. They agreed in Davos not to invade 🇬🇱. EU cancelled the 93B plan to pull money out of the US. It's all over the news channels !! Closed call for the US... I have to say. Waiting for the orange man to open his mouth again, most likely 🇮🇷 next. Enjoy ur wknd everyone!!

froz3nt

Shell of what? European union has barely existed for 35 years. USA has more foreign born immigrants than EU. Dont believe everything media tells you. Taxes are, on average, 20% higher than in the US. But we do get free education, free healthcare and lots of other social benefits that are worth it. Courting china? If anything we are courting US. And we gotta stop that. Compared to china, US is diminishing in innovation too.

Brilliant-Weekend-68

The words of a poor person. Let go of tech and join the vast richness of EU defense stocks!!

Timeoff98

There is no conflict EU is vassal of USA and they will do as they are being told.

i-love-small-tits-47

> Well they will have to. No they won’t lol. They haven’t had to at all this entire time and there still buyers. > Paying 3.5% interest is certainly not enough for EU investors when at the same time USD is losing 10.5% value over EUR in the last year. I don’t think you guys understand bond markets. Explain why foreign central banks held shit tons of treasuries when those rates were like 2% for a decade?

Forsaken_Suit_6327

lol. LMAO even. Here’s what the article should say: Despite selling off 10 billion usd worth of treasury bonds, the rate remains unchanged. Also, 10 billion usd is a drop in the ocean. EU is so deluded thinking this is pushback. For every seller, there’s 2 buyers waiting for the opportunity.

Wealth-Best

Well they will have to. Paying 3.5% interest is certainly not enough for EU investors when at the same time USD is losing 10.5% value over EUR in the last year. Keeping your money in US bonds or bills is a safe way for Europeans to lose money. 

sirtoby1337

Uhm europe been there for the US in every fking war you have started and yet you somehow question it??? What? Why wudnt we send troops to greenland? Its EU territory… is ukraine EU territory? Is it NATO?? No…. Barely any EU countries buy russian oil anymore, and those that do is a very limited amount until 27-28

Medical-Shoulder-337

China is going to do what Chinas going to do China wont get a foothold in NA. the battleground will be SA & EU. If Europe throws in with China, The US will walk from NATO and the EU is dependent on Nat Gas. Russia will dick them over and they cant restart their nukes up fast enough. All of a sudden Ukraine will get memory holed.

Abject-Classic9766

It is negative statement in literal terms but in my opinion it is more symbolic instead of reality right now because foreign US treasury holders are at an all time high and the EU was a major buyer leading that. Diversification has been a trend for awhile but a "sell America" trend has yet to materialize like it's been claimed. Things can change but the data hasn't reflected the mass outflow sensation. At the end of the day money talks and until there are safer better alternatives, US bond market is still king.

Abject-Classic9766

Yields rising to clear an auction isn’t a default. Higher yield creates more bidders actually. The real reasons that lead to a default are: Political/technical default or inflation/credibility erosion. You can argue that's happening right now i'll give you that, we'll see how it plays out. But the data shows buyers for US treasuries are still showing up and EU and others arn't dumping to the extent you think they are. The headlines are more symbolic than anything, foreign US treasury holdings are at an all time high and the EU was largely responsible for that.

voxpopper

Unless you're going with an Eastern EU escort if as a guy you go see the Melnia movie you should pack in your chips and become a castrato singer.

Abject-Classic9766

Valid and fair way to look at it. Foreign held treasury holdings are about 42% of US money supply. That doesn't mean foreigners literally own 42% of US dollars or it can disappear overnight though. The real risk in my opinion is the marginal demand vs supply. If that trends the wrong way we start to get in trouble but right now, like this post points out, we're still sitting on all time high foreign treasury holdings and the EU was just recently a huge buyer. We will see how this plays out.

PracticalAnywhere225

I'm glad I caught a piece of that INTC rug pull. Other than the Trump EU tariff renegging on Wednesday, INTC was the play of the week.

Winterough

Why would America re-evaluate the security partnership with EU and NATO? Any sane actor is going to say that the US is safer with these partners than not, that’s why Trump tucked tail and folded on Greenland. The iron dome will never get built and certainly not in Trumps lifetime he basically made sure of that in the last two weeks.

Abject-Classic9766

South American people were celebrating in Venezuela after our operation. I think South America is more aligned with us than you think. I don't get your point about the European people, where is this energy in their own backyard with russia? Are they still buying russian oil and funding their war? I think EU people need to toughen up and get real with themselves. America is an EU ally and partner but we are starting to re-evaluate that. We've been there for them but I think a lot of Americans are wondering if you'll be there for us. The hysterics and theatrics this week sure didn't help that. Do you think sending your troops to Greenland was a good response when you guys don't even do that with Ukraine? Puffing your chest at us, really? Like I said EU needs to get real.

Abject-Classic9766

I think the media/headlines are doing their thing right now to keep us scared and uncertain but the numbers don't lie. You can argue this is a slow process that has been playing out for awhile now but the data doesn't yet show the mass dumping and outflows the headlines this week make it seem like. In fact it's the opposite, EU is a huge buyer. Things can change I agree with you. I'll be closely watching it play out.

TargetDreams

What ones have been good for you (UK/EU stocks) might play them for a bit

You_Will_Fail1

Gold at 5000 and silver at 100 are a clear sign that world has lost its fate in trumps usa. Lets not forget trump treatened a war on EU if EU diesnt give him a big chunk of its territory.

Realistic_Ease731

This is the same careless, cavalier thinking that caused Bessent to be the only hedge fund manager to lose his fund's $s during one of the largest surges in market value in history. Yes, Demark's investment is relatively small. But, backing out of U.S. assets sends a clear signal of no confidence and defiance to the rest of the World. Besides, his capricious, thoughtless comments amount to unmerited arrogance and are insulting to not only Denmark, who stood by us on 9/11 and in Afghanistan, but to our other EU allies. Down right stupid.

LegitimateShameHands

So EU is worthless?

haze_from_deadlock

One is EU and one is Australian

OrdinaryMix4013

#dollar deaded. EU is the new world currency.

x2eliah

which is funny because the EU does not have that many metals

ShittyUsernane1222

the EU trade bazooka is locked in. Ready to fire French nuclear ASMP-A missiles on your port.

These_Society818

EU Bazooka is to pump metals

OrdinaryMix4013

#usd worthless by end of month. better buy EU money.

be-ay-be-why

Would love to see what happens to all these EU defense companies once the war in Ukraine is over.

AfternoonEquivalent4

Pretty sure orange man bad got benefits out of this...the EU has certainly NOT given him the middle finger wouldn't put it past him leaving NATO and Europe and the US would not be better for it. The US will be upgrading bases, do mineral exploration and get land for other purposes.... doesn't sound like a loss.

1098duc_w_the_termi

When the river of capital finally begins to flow out of the US shit is gonna be so ugly. EU, China, and every other country will leave us behind and even American wealth managers will dump US equities in search of alpha else where. We’re about to repeat the lost decade of Japanese markets

jnas_19

certain sectors like SOXX could easily see a major correction, the reason why we close positive is cause Trump folds with every threat. If he doesn't fold and EU grows a spine you could easily see red

GrossFleshSack

Nah, tariffs called off, EU trade deal looking to go back on track, FOMC meeting is still too far away to cause short term selling. SPY is chilling and climbing back towards 695 today, Inflation and money printing goes brrr, GOLD and SPY goes brrr.

Chimaera1075

And the EU should just dump them the next time Trump pulls another stupid move against EU interest.

No-Delivery-7048

If you re frok the EU and dont have a robin account yet we cam both earn 70 euro if u sigm up using my link :) no need to do transactions whatsoever. Just deposit 20 euro when signed up and we ll get the reward Here is the link for robinhood, just leave out the brackets next to the dot (2 times) https://join(.)robinhood(.)com/eu_crypto/florv-4bf1cf1c/

Fun-Marionberry-4008

What are you talking about dude? You are just saying things, there is nothing to argue about you are just wrong if you think what he did in Venezuela is even close to ok. And he fucking lost with his "negotiation" for Greenland. Greenland is in NATO and a vassal to the American government already, he could have just put his bases there all he wants without threatening to fucking take it from Denmark. That's the point of NATO, America can do whatever it wants in exchange for having the EU think they have any power. It's been that way for seventy years now.

Mdiasrodrigu

I think there are interests now by bigger EU corporations that will lobby the EU to keep investing in this organizations. I got 20 shares at 31.90€, let’s see how this will unfold

kaapooj

EU plans to unfreeze trade deal with US and vote om ratification >European Parliament President Roberta Metsola told reporters in Brussels Thursday that Trump’s reversal was enough to justify voting on the measure... https://www.bloomberg.com/news/articles/2026-01-22/eu-plans-to-unfreeze-trade-deal-with-us-and-vote-on-ratification

MethylphenidateMan

I believe you that the risk may be over-discounted. The majority of the world's money still operates in a "US = safe and dynamic, huge premium, EU = safe but stagnant, small premium, 3rd world = don't touch unless you feel like gambling" paradigm. That paradigm is clearly drifting further away from reality as the US is speedrunning becoming a 3rd world investment environment, so if that company in Ghana would be worth x dollars if it was located in the US, that means it's worth more like 0.75x today, not 0.25x like it would be in the old paradigm.

Aron_b

It's not. This pension fund is only transitioning to the new pension system on 1 Jan 2027. This sale cannot be related to that transition, it's purely swapping out US bonds for EU bonds. Good chance that in 2027, they will sell off even more bonds in general, including US bonds.

mok000

The Eurozone or EU has zero say over what investors do with their US treasury bonds. Investors might sell off their Greece, Italy, France bonds too. Bottom line, however, is Trump is creating an atmosphere that US economy cannot be trusted, he wants control of the Federal Reserve and who knows, set interest to zero. On top of that Trump is significantly increasing the national debt. Those kinds of signals drive investors away and they are a herd that reacts to threats just like a herd of animals react when a lion appears. Governments don't control it.

mok000

The Eurozone or EU has zero say over what investors do with their US treasury bonds. Investors might sell off their Greece, Italy, France bonds too. Bottom line, however, is Trump is creating an atmosphere that US economy cannot be trusted, he wants control of the Federal Reserve and who knows, set interest to zero. Those kinds of signals drive investors away and they are a herd that reacts to threats just like a herd of gnus react when a lion appears. Governments don't control it.

road_laya

EU countries started issuing additional bonds last year to spend on military. Large amounts.

themaelstorm

EU should still do something. Dont let him getaway with this stupid boundary-testing, market-manipulating behaviour that allows him to still boast about his genius.

Ill-Mousse-3817

No, it didn't? Open google finance and check any two indexes priced in the same currency. The EU mopped the floor with the US market...

Bruteboris

You are right, it’s a fraction (0,1% of total foreign outstanding US bonds). The EU holds roughly 23% ($2,154T) of all US bonds as of now. Selling a great part of that, will have serious impact. US bonds dumped by EU holders so far: - ABP (Dutch Pension fund) $10B - Alecta (Swedish Pension fund) $8B - AkademikerPension (Danish Pension fund) $0,1B That is roughly 0,9% of the EU’s holdings, so a long way to go. Let see where this leads to

Sea-Environment-5938

Markets will probably treat this as headline volatility until something concrete shows up (actual policy, tariffs, capital controls, etc.). Retaliation talk moves futures for a day implementation moves portfolios for quarters. Curious what people are watching more here: USD strength, Treasury yields, or EU equities?

gianakis05

Its an IPO.. so cant really say reasonable target. But demand and sentiment is already established, as the increase 2% contribution were already agreed in EU..

corndog_messiah

You call the EU a Nation and you think I’m the one who needs something explained? What a jackass

IronSnatchKitty

Lol 🥭 about to have jam packed weekend 40 states about to get fucked by a winter storm and few dont have plows or salt. And their energy infrastructure isnt ment for this type of weather. He gonna spend his time saying climate change isnt real why Texas has ice and snow and blame sleepy Joe for it or the EU and tariff everyone

corndog_messiah

Almost civil war in Minnesota and you’re worried about the EU? 🤡

EyeSea7923

Calling EU self destructs like Fembots from too much 🥭 action.

Michael_Bhurewala

EU people unironically don't even want to go the US for immigration/work purposes, maybe for tourism... but even this has waned out lately

Enough-Meaning1514

EU has the bazooka, I wonder what the US would call it...

k0bra3eak

Combined EU holdings of US stocks would make a huge dent. Sweden is the first, but other countries are already debating similar actions within the EU. The more countries begin selling the easier it is for others to join in

Haplo_dk

Just to set the record straight on the Greenland stuff: Denmark and EU are not rushing to stop USA building up their defenses in Greenland - on the contrary we encourage that, and acording to the treaties and deals between Denmark and USA regarding Greenland, USA can send all the soldiers, defense systems and whatever else they like. They just can't take/buy Greenland. Greenland is part of the Danish Kingdom as long as Greenland wants to be, and according to a recent poll, about 9 out of 10 Greenlanders still wants to. Read about it here: https://www-dr-dk.translate.goog/nyheder/udland/her-er-detaljerne-i-forsvarsaftalen-mellem-groenland-danmark-og-usa-som-jd-vance-ikke?_x_tr_sl=da&_x_tr_tl=en&_x_tr_hl=da&_x_tr_pto=wapp&_x_tr_hist=true Read the 1951 treaty here: https://avalon.law.yale.edu/20th_century/den001.asp#art2para3M

nazgut

EU politicans are already back to suck his dick [https://www.reddit.com/r/europe/comments/1qk2te6/eu\_plans\_to\_unfreeze\_trade\_deal\_with\_us\_and\_vote/](https://www.reddit.com/r/europe/comments/1qk2te6/eu_plans_to_unfreeze_trade_deal_with_us_and_vote/)

X-FrEaK

I work remotely from the EU to the US. Believe me with 70k it's fucking hard to find competent developers. I think sometimes people forget why the EU and the US are such advanced economies (besides you know, colonisation and ongoing exploitation of poorer countries), our working ethics are way better than mostly everywhere else. Our company was built almost exclusively by South American developers, by the time the Europeans got hired they had no clue about working in AGILE. Planning things was non existent, it was a culture of winging it, and shitty code that, of course, we inherited and to this day, 4 years later, makes our life a living hell. You can hire a shit ton of developers from Latin America or other cheaper parts of the world, but your company will suffer one way or another. Don't even get me started on how AI empowered those kind of developers with higher levels of incompetence. And of course I'm not saying every developer from South American is bad or every European developer is good, but for every 10 good EU ones you have a good SA one

Segment_537

He can threaten the EU, yet any EU action against him would trigger consequences. How did a majority of Americans elect this person? It’s baffling that he remains in office, any rational country would have forced his resignation by now. I like this response Report an issue

xeemyy

All these Northern European pension funds dumping US bonds are regarded. No matter whether you like the US or not: you usually make the best gains with NA stonks. Who in their sane mind would ever invest in EU stocks. Company leaderships are crooks and EU leaders have neither the backbone nor the will to actually push an agenda. We Europoors only do symbolic politics. No balls. 🤌

GoodIdea321

This is the stocks subreddit, I don't think they'll have the most accurate takes on US/EU relations. And Americans, like me, have to search out for others opinions to get a sense of it. I doubt the betrayal is obvious enough yet for everyone here to see it. But you're making a sensible prediction, it might just be early.

IsakOyen

And I live there too. The European companies are very good in many fields like in aerospace, medicine, car manufacturing, industrial machines manufacturing, luxury goods and much more. It may not be talked about a lot but we are also very good in tech related things. Yes the EU is slow and needs some reforms but we are doing great, just don't be blind.

ColCrockett

EU gdp comparisons only include the current members so the Uk is left out

LowBornArcher

how much of the decline of relative GDP could be accounted for by brexit, or is the UK still included in the EU numbers?

Lavio00

I speak to US fixed income investors daily. No sane fixed income investor - anywhere on the curve - sees current paper priced attractively. That’s why they’re speaking to us folks in the EU. Alecta’s decision is purely one of fundamental analysis, not petty politics. Sell USA; their economy is fucked. 

kloden112

EU first babyyyy

ColCrockett

I’m sorry but Europe’s largest is literally a luxury designer goods company, that says everything about the state of the EU

CertainMiddle2382

Problem is, there isn’t much to invest in in Europe. Past the remilitarization trade, there is no significant tech ecosystem (millions of fake public grants startups though), SAP is the largest capitalization. EU tax environment is completely punishing and extremely unstable. Regulation is even worse and everything is completely fragmented and redtaped. Frankly, their only hope would be to create « free zones » and start from scratch…

40907

the EU is all bluster and talk, not much Union. Trump has united them more than ever recently because they realize now the actuality of having an unpredictable lunatic running the USA and the dire consequences of being complacent letting the US lead them geopolitically the past 100 years. They'll talk about uniting and making a more secure EU, EU military independent of US, but wont actually do it, and in a few years Trump will be gone but the reigns of power will be handed to someone more savvy and more subtle, someone who doesn't rock the natural order of the world, so the EU will go back to being complacent and following the US's lead again, but the US will not have stopped its conquest of untethered capitalist expanse. That will never stop unless it is forcibly stopped, and the EU wont be the one's to do that. They are part of it, their governments just havent been infiltrated and corrupted by capitalists yet like what's happened to the USA.

iced_maggot

Lmao wtf - do you realise that the EU could spend their investment dollars building up their own member states instead?

Highborn_Hellest

\>Europes greatest technological innovation this century has been bottle caps that stay attached to the bottle lol i thought was an American IP... lol. And yes, EU is becoming a shithole. Our dearest of dear leaders don't seem to realize, that we have very little natural resources, and those that we have aren't used.

ColCrockett

This plays well to certain crowds but I don’t think people realize just how much Europe is in economic decline relative to the U.S. and the rest of the world. European share of global GDP continues to fall while the U.S. remains stable. In 2008 the EU has a bigger economy than the U.S. and now its economy is only 2/3rds the size of the U.S. economy and shrinking.

Ol-Fart_1

Even if half the people in Europe sold all of their US stocks, it would hardly make a dent. The market is rising right now, and there are still billions parked in the bond market just waiting for the volatility to subside more. Those billions more than make up for the lost Europeans. And when the EU drop out, US dips, and that becomes a buying opportunity.

Ahzmer

Depends. In EU enph cant compete with price. And razor yhin margins and low demand would make me question any actual growth. Enph is good for b2c customers in US, elsewhere not as much. The micros cant compete or provide value in b2b scale or grid scale or datacenter installations, compared to string inverters. If US consumer demand is picking up, which would be because of a) strong consumer spending b) electricity prices go up, then this can be an actual, even sleeper play

40907

What could the EU realistically switch to? They're unfortunately inextricably tied to the US's economy for better or worse.

LastUltimateY0l0

The one thought that stopped me full porting and only having a mid-starter position With that said, the EU have labelled it a strategic project under their critical mineral strategy and there was interest from the US to buy it It’s a roulette spin but I think there’s hope

IndividualCall5116

Denmark too. EU and/or China next?

paragonx29

I do sometimes envision EU leaders huddling in a backroom and whispering: "Just hold tight, he'll be gone in 3 years or less."

-Crash_Override-

I'm debating in good faith here, I said elsewhere, I'm dual citizen, have lived all over EU, and I hate trump as the next person.... But for europe diversifying away from the US...how? The biggest hurdle to diversifying away from the US, is, interestingly enough, Europe itself: \> The [IMF estimates](https://www.imf.org/en/News/Articles/2024/12/15/sp121624-europes-choice-policies-for-growth-and-resilience) that internal barriers to the Single Market are, on average, equivalent to a tariff of 44% for goods and a staggering 110% for services. These figures underline an ironic reality: while much of our focus is directed at the potential economic impact of external tariffs applied to goods traded with non-EU trading partners, we risk overlooking the far greater burden of self-imposed internal barriers. [https://www.bankingsupervision.europa.eu/press/speeches/date/2025/html/ssm.sp250618\~d3e4495ae9.en.html](https://www.bankingsupervision.europa.eu/press/speeches/date/2025/html/ssm.sp250618~d3e4495ae9.en.html) Not to mention things like...lack of scale, capital market fragmentation, inability to achieve any semblance of energy independence. So who would they diversify to? China? WIth the current trade imbalance? Europe is already flooded with cheap chinese goods, and china doesn't really need european products. On top of that, the russia problem. China basically props up Russia, and if you didnt know...Russia and Europe aren't on the best of terms right now. And thats just the economy.... Europe has no realistic path to diversify away from US, and they know that.

Real-Repair-1825

Reddit so badly wants Europe to magically dump all US treasury bonds. It’s never going to happen and this article is so insignificant. Btw, the EU just unfroze the trade deal with the US and plan on ratifying it. Seems like a weird thing to do if you are trying to economical cripple someone

Paul_Robert_

If you're residing in the EU, I don't think you can use it for stock trading, but I believe the crypto aspect is available there

Diddly_eyed_Dipshite

As one of those former allies I would think we would be relatively quick to forgive and move on, by relatively quick I mean 1-2 generations, not in our lifetime. Maybe we'll reopen diplomatic connections or maybe we'll have trade agreements or whatever, but the EU particularly will never again trust Americans like we foolishly used to. > I think even they understand this is a Trump vs allies issue, not the US vs allies. Honestly it's baffling how so many of you still see this as Trump problem, you don't see this as a symptomatic result of decades of internal destruction of the old US values, dismantling of societal security, and general greed, consumption, and anti-intellectualism. Even if the person after Trump isn't Vance, what's the best scenario, another Biden who refuses to do anything about past crimes, or another centrist-right dem who just wants to rebuild the country by reaching across the aisle. How can you think that the nations you stabbed in the back would just forgive and forget everything?

Therex26

I here by declare England 🏴󠁧󠁢󠁥󠁮󠁧󠁿 cool again. Not part of the EU, they are not Europeans. They are britons. We love Britain. 🇬🇧

LouDubra

Trump came out today trying to warm them against the bond sales. If he did that to me I'd be selling them already. To be honest, we need the EU to teach the hooligans here in the US that he and his team are WAY out of their depth. Idealogues don't make good bureaucrats.

s33d5

I think it's still cheaper to buy from the USA than mining themselves. However, you are right that Trump could interfere. It is unlikely though because he is trying to reduce trade deficit (which is fucking stupid, but regardless). Trump wants more countries to buy US trade materials. Therefore his current stance is to promote things such as buying USA tungsten.  The EU also produces some Tungsten.  One that would be interesting is Canada. They have some of the largest deposits. However, it's a lot more expensive there I think because the areas are so remote. There are existing, but closed, tungsten mines in Canada.  If Canada is to be followed, it's likely there will be a EU and UK attempt at buying Tungsten from China. I say this as Canada has opened up automotive trade with China. 

-Crash_Override-

Ill level set. Im a dual citizen US/UK and lived all over europe. So my opinion is not simply through the American lense. Unfortunately your interpretation is flipped. EU doesnt want to get out of bed with the US...the US wants to get out of bed with EU. Europe is going to be crippled by climate migrants in the next 20 years, increasing pressure from the east. Energy scarcity. Etc..etc... US cant just walk away, that would be bad for everyone involved, but a multi decade decoupling is where we're headed. The relationship will likely never be adversarial, but nothing like we have today.

hv876

You watch some of the Davos speeches and you go “wow! These guys are talking tough”. Then you realize EU is a bunch of pussies and won’t do shit. TL;DR: chop continues for rest of the year.

Sandvicheater

Bessent calling out EU bluff about dumping US treasuries. I need you bondage expert bros to chime in. Is Bessent right? Like where would Euro Bond investors go for US treasury alternatives?

kaapooj

would wait until it is more concrete, but the savings and investments union is a EU reform goal from the Draghi report

kaapooj

I missed this from Macrons speech at Davos, this is bullisg for EU markets bearish for US assets: >We do have the savings as the Europeans, much more than the US, by the way. But this saving is overinvested in bonds and sometimes in equities – but outside Europe. So, this is why is the top priority should be securitization programme. It is prepared. We have to accelerate the implementation. And second, capital market union, precisely in order to have more integration and simplification. But to have an efficient capital market union in order to invest much more money, and use our savings to be invested on innovation and equity in Europe. This agenda, for me, is our top priority – both the global and the European one. And it is to be implemented in the months to come, because everything is about acceleration. And France is committed to deliver this agenda. We work very closely with our key partners and at the same time, our objective for France, is to stabilize our results and our macro approach and to remain the highly attractive country we are – we've been, the most attractive country of Europe during the past six years – and to consolidate our deep structural reforms and our key advantage. https://www.weforum.org/stories/2026/01/davos-2026-special-address-by-emmanuel-macron-president-of-france/

IsTom

You can alternate stores on android and it's not like they would just stop working immidiately just because google isn't accessible. AWS has servers in EU. Local branches would have to play ball or get nationalized quickly.

heytherepartner5050

Oh shit that means he isn’t protected against the damage that would do yet, so the EU & Japan should start dumping tomorrow to collapse him.

The_Insider_Edge

i think they will have a rapid growth this year with 8 countries of export and new EU-GMP facility in Portugal

ShittyUsernane1222

Im going to rev up the rumor mill a little. The EU Trade Bazooka just fired.

Zeppu

You know EU strategy is just to drag out negotiations until 🥭 term is over, right? 😂

Tiny_Dare_5300

I'm pretty sure if the EU, Mexico, and Canada all stopped trading with us, we'd feel the pain fairly fast. The stock market would likely plummet over night and there is nothing he can do about it. That's roughly $3 trillion in trade, about 1/10 of our GDP.

tachyonvelocity

Agreed on BESS, but why LNG? They are actually opposite theses. LNG is naturally much more expensive than local pipeline prod, 3 times as expensive. Natural gas is thought to be a "bridge fuel" for inconsistent solar and wind. BESS makes S+W more consistent, so that challenges the need for natural gas. The LCOE for S+W is lower ex-US because there are either subsidies or freer trade with China, but even in the US, S/W LCOE is lower than natural gas where piped is 3 times cheaper. European natural gas consumption for example has decline for 3 years, so EU is not a LNG growth story.

Professional_Buy_655

This is a brilliant analysis of the sentiment, but I think the economic outcome might be darker. The US knows 'soft power' and trust are dead, so they are pivoting to direct economic coercion. Instead of letting allies 'diversify away', Washington is actively forcing a hostile takeover of their supply chains (forcing EU industry to move to the US). It looks less like a breakup and more like an asset stripping of the Western alliance to save the core.