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'This is sell America' – US dollar tumbles as globe flees US assets

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Re: 'This is sell America' – US dollar tumbles as globe flees US assets

#31

Earlier quoted context omitted.

If you live in America, are banking with an American bank, and hold your investments denominated in dollars I'm not sure that just shifting your investments to other global equities would really get you the outcome you want if your goal is to hedge against this specific risk. Besides if this really is the trade war to end all trade wars, the world losing one of the largest markets (the U.S.) is going to depress the e…

I am retired but I have not sold all my stocks and moved to bonds. Even if you use the "rule of 100" I should still have around 40% of my portfolio in stocks. But to your point, I am certain that I am not going to profit from this fuckery. (Although, hilariously I bought silver a decade ago to teach my daughters about investing—and they each purchased a once or two from me. Of course it turned out to be a local maxim…

> where the "safe harbors" were during the Great Depression [...] were that there were no safe harbors

Surely economy and the world economy operates in a completely different way now than it did back them, if not in the US, the very least in the rest of the world? But that's just my intuition, maybe things are more similar than they are different in reality?

> Of course it turned out to be a local maxima

Not to pour salt into your wounds (sorry), suppose your daughters were born 1980-1990 sometime, you really managed to hit exactly the stagnation phase it seems, that sucks but probably true what you say, still had a lesson in there :) I got curious and maybe others are too, especially if you don't usually look at price of commodities so here: https://www.macrotrends.net/1470/historical-silver-prices-10...

Re: 'This is sell America' – US dollar tumbles as globe flees US assets

#36
post #5

Earlier quoted context omitted.

I’m not sure it’s accurate to say Canada ditched the relationship, given that the US imposed massive tariffs and threatened to invade Canada.

[flagged]

Being a good ally isn't just doing entirely what the US says the should do. The US needs to coordinate responses to China and work with allies to come to a shared understanding. How the current administration operates is assuming these allied country are fiefdoms. The economic situation in Canada isn't great, and the US could make it stronger, but refuses to.

The same feedback is largely true for most US allies. If you want people to decouple from China, you need to offset and fix the underlying reason they are trading with them.

Re: 'This is sell America' – US dollar tumbles as globe flees US assets

#38
post #5

Earlier quoted context omitted.

I’m not sure it’s accurate to say Canada ditched the relationship, given that the US imposed massive tariffs and threatened to invade Canada.

[flagged]

> They are using the opportunity to enhance their own economy at the expense of the American people.

I mean, isn't that what the country is for? If the country did actions not for it's own citizens and residents, what kind of country are you?

Re: 'This is sell America' – US dollar tumbles as globe flees US assets

#39
post #5

Earlier quoted context omitted.

I’m not sure it’s accurate to say Canada ditched the relationship, given that the US imposed massive tariffs and threatened to invade Canada.

[flagged]

This comment is 10 sentences long but lists not a single, specific example of Canada being a poor ally.

Re: 'This is sell America' – US dollar tumbles as globe flees US assets

#40
post #3

Now on Truth Social, Trump is saying that NATO is the enemy, not Russia, not China. Well, now it makes sense why Putin has that picture of Trump.

Verbatim quotes, ~2 hours ago:

> No single person, or President, has done more for NATO than President Donald J. Trump. If I didn’t come along, there would be no NATO right now!!! It would have been in the ash heap of History. Sad, but TRUE!!! President DJT

> The whole problem we are having with criminals in our Country was caused by Sleepy Joe Biden and the Radical Left Thugs that surrounded the Resolution Desk in the Oval Office - And, of course, the Illegal Use of the Auto Pen!!! They should be in jail!

I understand how there would be one or two people who'd hear that and go "Fuck yeah wooo". It's worrisome to me that a group of people could read/see/listen to that and think that sounds good. It's shocking to me that 77.3 million people could read that and think it's sane, good and is how a president should sound like.

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