Trump is weakening the US Dollar's reserve currency status. Foreign countries are selling US Treasuries/stocks & buying other currencies and gold

Piff Perkins

Veteran
Joined
May 29, 2012
Messages
54,091
Reputation
20,726
Daps
296,360
I called this months ago. It's the same playbook the same people used in Argentina, except here they're doing it against the dominant currency in this scenario. You weaken the money, increase inflation, pump crypto, gut government services and then your government exists mainly to subsidize tech barons. Only difference is they've botched this so much that crypto is tanking too but at some point Trump will step in to ensure it rebounds.
 

Regular Developer

Supporter
Joined
Jun 2, 2012
Messages
9,451
Reputation
2,665
Daps
27,144
Reppin
NJ
:francis: I'm tired boss. This administration has been like a roller coaster ride from hell and you are stuck in the front seat. After a while you become Mr Bean and just yawn at the constant nonsense this diaper doody having orange cac been doing.

Dude could announce tomorrow that he's going to fukk a Coli Breh's girl, and somehow I will rep and dap his parody account. I just don't give a damn anymore.

Shake my tree when we all wake up into a economy that makes the Chinese president go: 該死
At least with roller coasters the ride goes up. This feels like a drop tower
 

Kyle C. Barker

Migos VERZUZ Mahalia Jackson
Joined
Feb 5, 2015
Messages
28,425
Reputation
9,623
Daps
122,160
I just made a post on my social saying people have no idea what's about happen. This is a bigger event than just the stock market.


People (might? Should?) learn how important and intricate international state affairs can be. We'll see how "based" all of this will be trading out Japan and the EU's gdp for Russia's.
 

Vandelay

Life is absurd. Lean into it.
Joined
Apr 14, 2013
Messages
25,824
Reputation
7,472
Daps
93,338
Reppin
Phi Chi Connection
People (might? Should?) learn how important and intricate international state affairs can be. We'll see how "based" all of this will be trading out Japan and the EU's gdp for Russia's.
It was all to "own the libs."

It can't be said enough, this feels like Idiocracy.
 

The Intergalactic Koala

Reporting for Duty
Supporter
Joined
Jan 2, 2017
Messages
66,162
Reputation
25,757
Daps
270,393
Reppin
Koalabama and the Cosmos
At least with roller coasters the ride goes up. This feels like a drop tower

Reminds me of Batman and Robin ride at Six Flags. You sit down and get buckled, next thing you know that bytch goes 0 to 80 in seconds :huhldup: .Lefts and rights, ups and downs, and then ...reverse.

Straight up crazy shyt how a president is toying with emotions and livelihoods.
 
Top