Trump’s Greenland Push Sparks $8 Trillion US Asset Sell-Off Fears
Europe's $8 trillion holdings of US Treasuries, bonds, and equities face destabilization as geopolitical tensions over Greenland escalate. Deutsche Bank warns a 'Sell America' scenario could cripple dollar dependency—foreign investors finance 27% of US debt.
Gold emerges as a haven while crypto markets watch for capital flight. 'The US cannot weaponize economic strength here,' notes George Saravelos, highlighting vulnerability in dollar hegemony.
Yield spikes to four-month highs signal mounting stress. Peppers' Chris Weston observes: 'When reserve currency risks surface, alternatives get reevaluated.' Bitcoin's fixed supply contrasts sharply with fiat fragility.