Europe holds $12.6T in US assets, more than the rest of the world combined. Why it means nothing in the trade war

Europe is sitting on a ridiculously gigantic pile of $12. 6 trillion in US assets, more than the rest of the world combined together… twice over. Bonds, equities, you name it. Sounds like real leverage, doesn’t it? Well… it’s not. Because when it comes to trade wars, holding that much American capital doesn’t mean you can […] source: https://www.cryptopolitan.com/europe-holds-12-6t-in-us-assets/