This is a pretty big deal, flying mostly under the radar.
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If I had any say in these matters, then I'd see that Germany (and the rest of the EU) liquidated all their US Treasury bonds in a single, coordinated stroke (ideally also coordinating with Japan).
@datenwolf @Kerplunk @MissConstrue
Can Canada play too? -
RE: https://systemli.social/@anneroth/117224382426870269
This is a pretty big deal, flying mostly under the radar. It goes to show a couple of things:
The only sovereign nations on earth are the US, China and Russia. The US has just proven that it can debank anyone it wants, with the twitch of a pen, with the exception of those protected by the other powers. There is no legal oversight, no court approval, no way to appeal...just defacto decisions by a narcissist with nukes.
Nobody is safe while these people are in charge. If the US can make a group of Italian volunteers who created a service that was proton before proton equal a hotbed of terrorists to global banks and DNS resolvers with nothing more than "I said so", then y'all...ain't a one of us that hasn't done something a fascist doesn't like.
I remember (back in 2013) Lavabit (encrypted mail service) shutting down because they wouldn't turn over the fully decrypted email account of one of it's users.
They were told to hand over the TLS Private keys in order to spy on Edward Snowdon, or US Gov't would shut them down. And then they shut themselves down and never handed over a single thing.
In a word, they said to US Govt. - YOU GET NOTHING. You Lose
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I remember (back in 2013) Lavabit (encrypted mail service) shutting down because they wouldn't turn over the fully decrypted email account of one of it's users.
They were told to hand over the TLS Private keys in order to spy on Edward Snowdon, or US Gov't would shut them down. And then they shut themselves down and never handed over a single thing.
In a word, they said to US Govt. - YOU GET NOTHING. You Lose
@carpetbomberz I remember that. Legends.
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J jwcph@helvede.net shared this topic