Sweden DUMPS America’s Payments - Germany and Canada Refuse to Follow Trump

📊 Join the early-access list for the new Geopolitics tool I'm building 👉 https://houseofel.net/early-access/ America changed course on Russia, but this time its allies didn’t follow. Europe tightened sanctions, Canada pushed back, the Nordics quietly demonstrated what years of contingency planning actually buys you, and yet global investors are still pouring money into US government debt. That contradiction is the real story: America can simultaneously become a less reliable strategic partner and remain the world’s financial safe haven. This video looks at what Europe and Canada have been building in preparation for exactly this kind of moment, and asks whether resilience is starting to matter more than dependence. 📖✨ Get a FREE Chapter of Awake — “The First Lesson” ✨📖 👉 https://houseofel.net/critical-thinking/ 📘✨ AWAKE — 10% Off While Subscriber Discount Lasts ✨📘 👉 https://houseofell.gumroad.com/l/isdum/0l7jve2 🗣️ NEW — Awake: The AUDIOBOOK A 3h+ audio journey into the practice of critical thinking, narrated by El. 🎧 Offered discounted with the book or available separately 👉https://houseofell.gumroad.com/l/awake-audiobook/3ih3d5h 🧠 Help Shape the New Course: AI Fluency for Thinkers I'm building a course to help people navigate AI with clarity and confidence. Take 2 minutes to shape the curriculum and get early access: 👉 https://houseofel.net/ai-course/ ☕ Support the channel on Ko-fi: ➡️ https://ko-fi.com/houseofel 📌Chapters: 00:00 Introduction 02:15 Europe Says No 06:11 The Nordic Playbook 10:07 Payments That Work Offline 11:50 Canada Moves Closer 13:40 Who Still Buys US Debt 17:06 What Comes Next 📚 SOURCES & FURTHER READING Council of the EU: largest-ever package of listings, almost 1,600 individuals and entities (12 Oct 2026) https://www.consilium.europa.eu/en/press/press-releases/2026/10/12/russia-s-war-of-aggression-against-ukraine-eu-agrees-largest-ever-package-of-listings-targeting-almost-1600-individuals-and-entities-in-russia-s-military-industrial-complex/ Prime Minister of Canada: readout of call with President Zelenskyy (11 Oct 2026) https://www.pm.gc.ca/en/news/readouts/2026/10/11/prime-minister-carney-speaks-president-ukraine-volodymyr-zelenskyy Saab: Canada takes next step towards future GlobalEye capability (25 Sep 2026) https://www.saab.com/newsroom/press-releases/2026/canada-takes-next-step-towards-future-globaleye-capability Council of the EU: SAFE and the conclusion of the Canada agreement (11 Feb 2026) https://www.consilium.europa.eu/en/press/press-releases/2026/02/11/safe-council-clears-path-for-financial-assistance-to-eight-member-states-and-concluding-the-canada-agreement/ IMF: Global Financial Stability Report, October 2026 https://www.imf.org/en/publications/gfsr/issues/2026/10/13/global-financial-stability-report-october-2026 IMF media briefing on the Global Financial Stability Report (13 Oct 2026) https://mediacenter.imf.org/news/imf---global-financial-stability-report-annual-meetings--2026/s/f55368c1-983b-45b7-ba7c-1978f67c168c Riksbank: offline card payments should be possible no later than 1 July 2026 https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2025/offline-card-payments-should-be-possible-no-later-than-1-july-2026/ Riksbank: offline payments and payment preparedness https://www.riksbank.se/en-gb/payments--cash/payment-preparedness/offline-payments/ Riksbank: 1992, the 500% interest rate and the krona floats https://www.riksbank.se/en-gb/about-the-riksbank/history/historical-timeline/1900-1999/interest-rate-500--the-krona-floats/ The Nordic Formula for Prospering in a Dangerous, Fragmented World (WSJ, 10 Oct 2026) https://www.wsj.com/world/europe/the-nordic-formula-for-prospering-in-a-dangerous-fragmented-world-cb0de1d7 Investors brave US Treasury rout to lock in highest yields in decades (FT, 13 Oct 2026) https://www.ft.com/content/6fa735a2-a590-4461-b092-920ba489e7a8 Europe UnitedStates Russia Ukraine Geopolitics Canada Nordics Sanctions GlobalEconomy HouseofEl