this post was submitted on 03 Feb 2025
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Should Canadians sell their US stocks to stand against the trade war?

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[–] djsoren19@lemmy.blahaj.zone 12 points 1 week ago (1 children)

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 3 points 1 week ago (1 children)

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

[–] djsoren19@lemmy.blahaj.zone 2 points 1 week ago (1 children)

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 2 points 1 week 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