Should Canadians sell their US stocks to stand against the trade war?

  • djsoren19@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    12
    ·
    2 days ago

    Yeah, you should sell out now. Once the inevitable economic crisis occurs, you should then buy the dip.

    Your own individual stock ownership is a drop in the bucket compared to larger wealth management firms. If you feel like it’s a moral obligation, go for it, but it won’t impact the American economy any harder than Trump already will. You’re a pebble against an avalanche.

    • lost_faith@lemmy.ca
      link
      fedilink
      arrow-up
      3
      ·
      2 days ago

      Every country that holds US bonds should cash out their US bonds, think that would leave a mark?

      • djsoren19@lemmy.blahaj.zone
        link
        fedilink
        English
        arrow-up
        2
        ·
        2 days ago

        It would be the equivalent of a global bank run. It would be a significant event, but if your only goal is causing the U.S. further economic damage, I think the best way is contacting your local democratically elected representative and recommending more and harsher retaliatory tariffs.

        • lost_faith@lemmy.ca
          link
          fedilink
          arrow-up
          2
          ·
          2 days ago

          We have adults in charge that know how to deal with Trump, they got this. They will be smart about dealing with someone who breaks deals regularly