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US Treasuries Blacklisted by the German State of Baden-Württemberg
- Bostonian 3y ago"[T]he new environmental, social and good governance filters have resulted in US Treasuries ending up on an investing blacklist, due to America’s failure to ratify a number of treaties in areas including women’s rights and controversial weapons." Women have equal legal rights in the U.S. In any case, I think laws about womens' rights in the U.S. should be changed based on what Americans think, not what German investors think.
- Detrytus 3y agoBut on the other hand German investors can choose where to put their money based on what they think.
- willcipriano 3y agoYup and the US can pull its military bases out of Germany as well as remove troops from the European theater more generally and let them defend themselves.
- kelipso 3y agoThe troops are there to give the US an advantage in Europe not to defend Germany lol.
- signatoremo 3y agoWell Germany must have been mistaken then to voice against Trump’s plan to withdraw some troop in 2020. https://www.brecorder.com/news/1002286/trump-plan-to-slash-us-troops-sparks-concern-in-germany https://www.brecorder.com/news/1002286/trump-plan-to-slash-u...
- jleyank 3y agoI thought they basically did out of one or two with a (large) hospital and airbase…. The troops went elsewhere and the equipment came home. Googling says 35k troops in Germany, but doesn’t break down by service arm. Edit: without the nato airbases it’s a long flight trying to redeploy from N America to, say, the Middle East. Having client states partway keeps troops secure in transit and provides a place to organize/redeploy.
- willcipriano 3y agoBring them home, they don't like our weapons. Edit: US troops have no business in the ME. The only business they have in Europe is defending Europeans and as far as the Germans are concerned they feel the way we engage in warfare is inappropriate.
- jleyank 3y agoIt seems various us governments have not shared this opinion in the past.
- Arnt 3y agoThose bases are there now mostly to be there in the future. The US wants a large military airport, hospital, warehouses and supporting infrastructure at a location where it can be trusted to remain there for twenty years or more, because building such things takes time. There aren't a lot of suitable locations within, say, three hours of flying time from the present facilities. So they're going to stay.
- VK538FY 3y agoReally? I was under the impression that Poland wanted the US to establish permanent bases on its territory and that they would make most of the American presence in Germany superfluous. (The Russians do not like this at all and the outcome of the current conflict may affect the PL-US cooperation. But that's not really the point here.) Maybe someone can correct me but I understood that the base in Ramstein is the only American base in Germany that is hard to replace because of a favourable position to communicate with satellites and provide nearly instantaneous communication between multiple theatres. Hard for me to say if 1'000 km east in Poland is less favourable.
- rs999gti 3y agoThat would be an 8B USD savings for the USA https://www.iamexpat.de/expat-info/german-expat-news/germany-spent-almost-billion-euros-us-troops-past-10-years#:~:text=35.000%20US%20troops%20are%20currently%20stationed%20in%20Germany&text=Based%20on%20a%20budget%20paper,paid%20by%20Germany%20last%20year https://www.iamexpat.de/expat-info/german-expat-news/germany....
- shrimp_emoji 3y agoThat's it? That's nothing. Totally worth weakening your alliance and power projection for that.
- Detrytus 3y agoI thought US bases are there to keep Germans in check, not to defend them...
- shrimp_emoji 3y agoThe bases are in West Germany: https://en.wikipedia.org/wiki/List_of_United_States_Army_installations_in_Germany https://en.wikipedia.org/wiki/List_of_United_States_Army_ins... Are you saying they were trying to keep the West Germans in check after WW2? Nothing else going on in the area at the time (and arguably still), towards the east? Topkek
- Detrytus 3y agoWell, to be honest, both World Wars were Germany's fault, so it kind of made sense keeping them in check and making sure they won't try for the third time. Of course Soviet Union then quickly overshadowed them as a threat. Right now that NATO expanded to the East, Germany are not frontier country anymore, so the only way American troops make sense there is again, as occupying army.
- manuel_w 3y agoI checked the wikipedia article on World War I [1] and fail to see how it can be attributed to Germany individually. [1] https://en.wikipedia.org/wiki/World_War_I https://en.wikipedia.org/wiki/World_War_I > The first decade of the 20th century saw increasing diplomatic tension between the European great powers. This reached a breaking point on 28 June 1914, when a Bosnian Serb named Gavrilo Princip assassinated Archduke Franz Ferdinand, heir to the Austro-Hungarian throne. Austria-Hungary held Serbia responsible, and declared war on 28 July. Russia came to Serbia's defence, and by 4 August, defensive alliances had drawn in Germany, France, and Britain, with the Ottoman Empire joining the war in November.
- VK538FY 3y agoAnd the madness of WWII was in no small way related to the oddly inequitable treaty of Versailles formulated to reflect French and British demands.
- orangepurple 3y agoThe Germans are using any plausible excuse to cut out American influence and leverage. This is a total red herring. Also see that Belgium suspended FATCA reporting in the name of GDPR. America will have to bomb Europe into submission soon to maintain control and relevance.
- georgeplusplus 3y agoRussia will probably beat them to it.
- orangepurple 3y agoEurope is being squeezed from all sides; there is zero doubt.
- constantcrying 3y ago>The Germans are using any plausible excuse to cut out American influence and leverage. One of the most absurd statements I have ever heard. Especially when even suggesting that Germany has any relations with Russia, is near criminal and all government parties are heavily dedicated to the alliance, especially the greens.
- orangepurple 3y ago> One of the most absurd statements I have ever heard Then you must be living in a reality distortion field. Nobody is making references to Russian ties. This is something you came up with because it is what came to your mind instinctively. We are focusing on the real occupation force in this discussion. Germany has been occupied by the United States since World War 2 and has 21 American military bases on its soil. This year marks the 78th year of the occupation.
- constantcrying 3y agoHow does this imply Germany wanting to cut loose when the German government is perfectly fine with that?
- jleyank 3y agoThis is interpretation. The ERA failed to pass so as we’ve seen recently interpretation can be changed.
- SllX 3y agoThe due process clauses of the 5th and 14th amendments apply equally to men and women, seeing as how both are persons.
- netsharc 3y agoAnd what if it's Saudi Arabian's laws about women? (I wonder what their laws in regards to abortion are). I think the countries are free to make the laws, and investors are free to choose to invest their money in opressive theocracies or not...
- cyanydeez 3y agoTreaties are about Americas choice in the global community. Unless you think these treaties are some how a lower standard of care
- dingosity 3y agoThough to be fair, it's not in Germany's financial best interest to exchange Euros for Dollars.