President of France. Activated Article 42.7 and dispersed the airborne deterrent.
Twenty-seven member states invoke Article 215 against the issuer of the reserve currency. Treasury holdings, Federal Reserve correspondent accounts, and dollar clearing inside EU jurisdiction are frozen. Tariffs average 45 percent by nightfall.
They froze our money. Read that again. The European Union has frozen the assets of the United States of America. Over an island with 56,000 people that they were never going to defend anyway. We hold the reserve currency. We clear the world's trade. They have …
British sappers cut the barrier interlocks at Gate 2 and 1,150 American airmen are interned in their own base housing. Paris activates Article 42.7. A second Vanguard leaves Faslane in the dark.
148 cruise missiles cross the line of departure at 04:12 GMT. Eighty-four are shot down and sixty-four get through. Newport News is torpedoed and scuttled. Both Vanguards remain undetected. Britain declares a state of war.
Six of my seniors came to me before practice asking about the recruiter. Six. Last year it was one, and he had already decided. I do not know what I am supposed to say to a seventeen year old this week. I said finish the season. It was the only true thing I ha…
Ireland is neutral. I have said that my whole life like it was a personality trait. This morning I found out it means "we have no idea what happens to us and no say in it either". Not a great feeling with a superpower going strange nine hundred miles away.
The European Council has adopted, unanimously, restrictive measures under Article 215 TFEU. All sovereign US Treasury holdings, Federal Reserve correspondent accounts and US government-controlled dollar clearing within EU jurisdiction are frozen with immediate…
Read that again slowly. The European Union has frozen the sovereign assets of the issuer of the world's reserve currency. I have taught this as a thought experiment for eleven years. I used it to illustrate why it would never happen.
Chancellor Merz: "The post-1945 security architecture has ceased to exist by American design. The euro cannot remain collateral for our own dismemberment."
Everyone is looking at Greenland. Greenland is an island with 56,000 people and no strategic product. What happened in Brussels this morning is the actual historical event. Article 215 TFEU, unanimously, against the issuer of the reserve cu…
They froze our money. Read that again. The European Union has frozen the assets of the United States of America. Over an island with 56,000 people that they were never going to defend anyway. We hold the reserve currency. We clear the world's trade. They have …
"Let's test it." Sir, with respect: the thing you are proposing to test is the belief that American assets are safe to hold. That belief is not a policy. It is the foundation the entire system stands on and it is the one thing in your possession that cannot be…
Two closings collapsed this morning. Both buyers pulled when their rate lock repriced overnight. I understand none of the geopolitics. I understand that a family of four is not moving into a house on Saturday because of something that happened in Brussels at l…
45% average tariffs. Critical minerals cut off. Emergency non-dollar clearing channels being stood up with the Bank of England and the SNB. The tariffs are the headline. The clearing channels are the actual event. Those do not get dismantled when this ends.
Nine person machine shop in Pennsylvania. I import a part from Stuttgart every six weeks. My bank returned the payment this afternoon. Not blocked, not sanctioned — a compliance officer somewhere decided not to risk it. That is forty percent of my order book s…
Diesel up 31 cents since Friday at the Flying J outside Cheyenne. I do not need an analyst. The whole thing reaches me through one number on a sign and that number has never once come back down after a week like this.
This is the mechanism, right here, in one shop. Sanctions almost never bite because of the rule. They bite because ten thousand compliance officers all decide independently not to risk it, and there is no appeal against a decision nobody formally made. I am so…
every generation gets a "where were you when" and mine is going to be "in the break room, on my phone, on a nine hour shift, watching the reserve currency get frozen by belgium"
Third year econ PhD. My entire dissertation is about dollar hegemony as a stable equilibrium. I have to email my advisor and I do not know how to start the sentence.
Let me get this straight. WE are the aggressor, but THEY froze the savings of a country of 340 million people over an island of 56,000? I have been talked down to about Europe my whole life. Explain to me how that is the proportionate one.
From Bengaluru, with no side in this whatsoever: Every finance ministry outside the west spent today in the same meeting. Not "will the dollar fall". Nobody thinks that. The question was "what fraction do we move, and how quietly". Five percent moved quietly i…
My husband's unit was told nothing today. The commissary card reader stopped working this afternoon. Somebody said it is the bank thing. I do not know what the bank thing is but I know my card did not work.
Deb — genuinely, not fighting — they did not freeze your savings. They froze government accounts. Your money is fine and nobody in Brussels wants it. And the "island of 56,000" is a country's territory. That is the whole point. Small is exactly why it mattered…
Alright. The savings thing I had wrong and I have checked and you are right. The rest of it I am keeping. But I looked up where Tartu is tonight, which I could not have done on Friday, so you got something out of me.
My parents came here in 1994 from a country where the government did whatever it wanted and everybody pretended that was normal. My mother called me tonight and asked, in Spanish, whether we should be worried. My mother. Asking me. About America. I said no. I …
There are army trucks on the Brandon road going up to the base. Lots of them. Somebody at the shop said they have closed the gates from the outside. My kids went to school with their kids. This is not a place where this happens.
Breaking: British forces have requisitioned RAF Lakenheath, Mildenhall and Fairford. Around 1,150 US personnel have been disarmed and confined to base housing. Seventeen US aircraft seized.
The word being used is "internment," and it is the correct one. These are the armed forces of a state now in armed conflict with the host state, on the host state's territory. Eleven days ago they were allies with base passes. The law changed the moment the mi…
They have shut the gates from the outside. Twenty-two years those lads have been in my pub. There is a bloke called Marcus who taught my daughter to throw a football on the green out the back. He is behind a fence this morning and my army put him there. I have…
Everyone in this thread has an opinion about international law and I have an opinion about Marcus, who is 24, from Ohio, and who fixed my generator for free in the storm two winters ago. He is behind a fence this morning. That is all the law I have got in me t…
The Prime Minister to the House of Commons: "American arms have shed British and French blood in an unprovoked, illegal act of war on sovereign allied territory. The alliance that stood for eighty years has been torn apart from Washington. We will defend this …
He is fine. He rang for ninety seconds on a landline and said he is fine and they are being correct with everyone. Our neighbour Sue brought a lasagne round at half seven this morning. She did not say anything about any of it. She just handed me the dish and s…
Le Président active l'article 42.7 du traité sur l'Union européenne. Les intérêts vitaux de la France sont indissociables de l'intégrité du sol européen. President Macron activates Article 42.7 TEU. France's vital interests are inseparable from the integrity o…
This morning the British Army entered three American airbases, cut the gates, disarmed United States airmen and locked one thousand one hundred and fifty of them inside their own housing. — Written statement, the White House
Two independent European nuclear deterrents have just been placed under a single combined wartime command for the first time in their history. A second Vanguard has sailed from Faslane. The French have dispersed nuclear-armed Rafales to secondary runways at fi…
1,150 Americans. Held. By Britain. I have listened to six weeks of lectures about norms from people who are now holding American kids in a fenced housing block. Every single one of you owes this country an apology and none of you will give one.
"There is no war." There has been an armed attack by the forces of one state on the forces of two others, on the sovereign territory of a fourth, with fatalities. The legal threshold was crossed at 02:40 on 9 February and it does not depend on anybody using th…
Eleven hundred and fifty Americans interned by Britain. I want everyone posting "they had it coming" to sit with that number for one minute. Those are 1,150 people who did not vote on any of this, who were sent there, who have kids in Suffolk schools. You can …
Two days ago American forces killed nine French servicemen and captured 154 British and French soldiers on the territory of a third ally. I am genuinely not trying to score a point, because I think you are right that those 1,150 people are innocent. But "held"…
Half of Cork spent tonight explaining to the other half that Ireland is not in NATO and never was. The other half's answer, universally: "and what good is that to us if it kicks off in the Irish Sea?" Nobody had a reply. Least of all me.
My husband is one of the 1,150. You are both right and it does not help me. He is innocent AND it happened second AND he is still behind that fence AND nine French families are burying people. There is no arrangement of those facts that lets anybody win this a…
I will say this once and then I am muting the replies. Do not post guesses about where the boats are. Do not post fishing fleet reports, do not post "my mate at Faslane," do not post sonar hobbyist charts. The entire value of the deterrent is that nobody knows…