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

  • djsoren19@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    8
    ·
    7 hours 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
      1
      ·
      2 hours 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
        1
        ·
        40 minutes 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.