Canada DUMPS $33B in US Bonds and Buys $24B German Submarines - Trump on Knees for Xi Instead

YouTube · Watch/Read · (gathered 2026-10-18)

• El argues that US allies, notably Canada and France, are actively “hedging” against Washington by reducing financial and military dependence and building sovereign alternatives, signaling a fundamental shift away from the US-centric global order.
• This hedging is exemplified by Canada and France collectively dropping $75 billion in US Treasury holdings, Canada’s $24 billion deal for German Type 212 CD submarines (bypassing US suppliers), and new intelligence-sharing agreements between Canada and Germany. This occurs while the US President hosted Xi Jinping with “unprecedented pomp,” receiving only pandas and a trade truce extension.
• The content warns that the “old system” of US-centric global reliance is not returning, as allies are creating parallel financial, military, and diplomatic infrastructures, raising critical questions about the diminishing relevance of American debt costs and the long-term future of US global influence.