They can start buying Euro bonds, Gold, bonds for the great european companies like ASML, Airbus etc?? they can basically find a way to invest in their future, right? they just need to figure out the right financial vehicle?
They could just reinvest the 8 billion in all the other stuff they're holding, but something like those if they want to keep the diversification ratios high. Maybe the Yuan or Chinese companies?
For the love of god- I can't understand why people buy paper towels. It makes zero sense. It's expensive, you throw it after a use. I started using cloth towels and life is so much better.
I don't use them frequently, but I love them for some things. In particular, my wife likes our cloths to look nice. This means wiping up something staining will make the cloths look worse. In those cases I pull out a paper towel. I could get black cloths to get around this, but she doesn't like those. So, here we are.
They're also useful when I need to use a harsh chemical that I don't want lingering on a household cloth my young kids might use on their bodies.
I've had the same roll for around a year, but it's almost exhausted. I think they're fine.
They're also very useful in a lab setting, but that's another matter.
We stopped using toilet paper during covid, got a bidet, and bought a couple hundred shop towels to dry our butts. Now we only buy toilet paper for guests, which happens maybe once a year after throwing several parties.
Then we also bought shop towels for the kitchen to replace paper towels. I love the shop towels so much.
The butt-towels are white, and we wash them with bleach, there's been zero problems doing this over the last ~6 years. If there happens to be a bit of excess poop on a towel (typically there is none at all), we just throw it out, we have hundreds. The kitchen towels are blue, so we don't mix them up with the butt-towels.
We have laundry baskets for each kind of shop towel. A small one in the bathrooms, a larger one in the kitchen for the kitchen towels. We have to wash the butt-towels maybe once a month, and about the same for the kitchen towels. It's a simple chore that takes practically none of our time, less than it would to go out and buy paper. No, the butt-towels do not smell at all, they dry quickly and there's never been any problem whatsoever.
It's so much better than spending multiple $100s of dollars a year on paper that literally gets flushed down the toilet or goes into the trash.
A few of our friends took notice and started doing this too.
Honestly, I don't know why we ever wiped our butts with toilet paper for so many years, it's just so... shitty. It's just not a good experience. When we travel we miss our bidet and shop towels so much, to the point that I've ordered a cheap bidet if I'm staying in an Airbnb for a week or more, and install it there, and leave it behind. $30 well spent.
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