48
submitted 5 days ago by Sunshine@lemmy.ca to c/buycanadian@lemmy.ca

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

you are viewing a single comment's thread
view the rest of the comments
[-] djsoren19 11 points 5 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 2 points 5 days ago

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

[-] djsoren19 2 points 5 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 2 points 5 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

this post was submitted on 03 Feb 2025
48 points (100.0% liked)

Buy Canadian

520 readers
6 users here now

A community dedicated to buying Canadian products.

founded 2 years ago
MODERATORS