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The US dollar continues to fall

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dustyjMinnesota

Trump is causing the US dollar to fall and it is in danger of falling much more. This is yet another casualty of Trump's incredibly stupid trade war. It's hard to believe how much damage has already been done in 100 days.

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Avatar for Puddy Tat
Puddy Tat

Threaten to whoop Trump in pickup basketball. Tell him what a muscle man you are. That'll show him!

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RonJax2

Owning the libs by reducing the value of the dollars in your own pocket, nice job geniuses👍

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Avatar for dustyj
dustyj

I'm sure Puddy is an uncoordinated unathletic shithead just like Trump. Trump is the guy people consider to be manly for some reason. Do you think Trump could do 1 push-up? But I guess it's funny to destroy the value of the dollar and our standing with the rest of the world. Pretty funny.

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Avatar for Puddy Tat
Puddy Tat

LOL dusty, was the peak of your life scoring 4 touchdowns in a game for Polk High? Or have you just not grown up beyond high school shit talk on the internet? Please seek out a penis enlargement, pronto.

Weaker dollar, which isn't even out of historical range, makes exports stronger. Like it or not, sure isn't the apocalypse you think it is, but when your own party's approval rating is in the toilet, you need to do screech about everything.

We're still one member short of a cope squad quorum though.

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dustyj

High school? I'm just not one of the 80% of adults who don't exercise. Most adults in this country are fat, lazy and sedentary. Trump's approval rating is horrible and about to get much worse as the real price increases and shortages of goods really haven't had time to hit us like they will very soon with numerous products from China not arriving. There are countless farmers who voted for Trump 3 times and now have nowhere to ship their soy beans too who are going broke and now deeply regret their vote.

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skibum609

Progressives are short term thinkers. Short term thinkers always lose in the long run.

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Avatar for Icey
Icey

You have to be retarded to defend shit like a weaker dollar and tanking economy. Everyone sees the emperors new clothes.

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Avatar for Puddy Tat
Puddy Tat

Dumbass shitlibs looking for talking points don't realize that a "stronger dollar" or "weaker dollar" are calculated decisions, not necessarily "good" or "bad." It's about how attractive we want to make it to consume internally-produced goods vs deport.

Dustyj and Icey aren't even smart enough not to dox themselves, let alone opine on matters far beyond their education.

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Puddy Tat

Dustyj, is this anywhere near you?
This should help with your insecurities.
arijai.com

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ilbbaicnl

A weak dollar is good for some Americans, and bad for others. Not as clear an issue as your US citizen kid being deported with your ex spouse, without you having a chance to challenge it in court.

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Avatar for rickymacrodong
rickymacrodong

Icey i suspect your issue with trump goes all the way back to 2018 when they shut backpage down. He made it harder for you to profiteer from drug dealing and pimping cheap backpage girls. None of the high end escorts or pornstars will let you pimp them because they use a bunch of verification methods instead of having a pimp lol. Its like a career promotion you just cant obtain…

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gammanu95

Actually, the dollar is high against the Euro today, with a Euro being worth $0.98.

Liberals are so stupid, lol

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Icey

You just prove youll dickride yrump and yhe far right no matter what.

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Avatar for Mate27
Mate27

President G. W. Bush, the son, had a falling dollar throughout his two administrations. Some argues it was on purpose so we could do more trade overseas. Our economy expanded yet what made it crash was over leveraged money domestically. Maybe trump is taking a playbook from 20 years ago?

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twentyfive

Weak dollar allows us to sell more goods, what's more important than the strength of the dollar, is the faith and goodwill, the dollar has, because our currency is trusted it makes our country stronger, and a safe haven for many countries, which I sincerely hope, Trump's shenanigans haven't damaged too badly, because I would hate for there to be no safe haven in a real crisis.

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Icey

What made in USA goods 🤔 😂😂😂😂😂

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Avatar for twentyfive
twentyfive

^ You're playing the same stupid game as Mr. Trump, we sell a fuckton of services across the globe, and weapons, our weapons industry is probably the largest in the world.
Just because he makes it difficult for folks to manufacture goods abroad and they bring back a bunch of factories, they aren't going to hire many people to work in those factories, most of the actual work will be performed by robotic devices, there isn't going to be big plants, manufacturing expensive goods, the workload will be automatons and the profits will go to the shareholders not working people.
This is not what most of you MAGA folks think it is, this is an unprincipled money grab by Mr. Trump and his gang of American Oligarches, and like I've said many times me and folks like me will be fine, but the working people are having a con being run on them, they really need to open their eyes.

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rickymacrodong

Using robotics and automation is a net-net good thing for society. It allows them to produce the goods at lower costs than paying manual workers who they would likely have to pay $20+ an hour each. Its the same concept as the car replacing the horse carriage… streaming services reducing demand for dvd… look at handmade leather goods vs factory made.. or if tesla decided to cut back on machine usage to hire workers instead

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twentyfive

^ Then what are you going to do to earn a living, work for minimum wage sweeping floors, and cleaning toilets?

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datinman

The falling dollar will make Thai, Pinay, and Tijuana hookers more expensive. But, inflation, recession, and higher unemployment will mean more American girls turning tricks. Buy American! MAGA! /sarcasm

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Avatar for Icey
Icey

A service economy doesnt produce anything. Its not a production economy.
And automation hurts Americans

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Avatar for rickymacrodong
rickymacrodong

Twentyfive there are plenty of jobs still available that machines cant do. Generally anything based more around services, or personal interaction, wont be replaced. Something like sweeping floors and toilets will likely be replaced by machines too.
There are consulting firms that offer consulting specifically around robotics and automation. Plus there will still need to be someone building the machines, monitoring them, servicing and repairing them. There will still be work available, some jobs will be replaced, but new ones will become available. Its a normal part of a successful economy, new inventions disrupt the economy but also help improve the standard of living for everyone.

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Avatar for Puddy Tat
Puddy Tat

"the faith and goodwill, the dollar has"

You can't honestly pin this on Trump. This has been going on since 9/11. Most recently, weaponizing the dollar for sanctions on Russia gave the BRICS scary momentum. Trump might be making it worse with these tariff threats (most of which, like Canada and Europe, are bizarre and counterproductive) but to make this sound like a Trump-alone phenomenon is just not true.

We don't need to bring everything back to the states, but as we are right now, China has us by the balls. It might have been good for GDP, but strategically it's unacceptable. I'm impressed how the same people who said GDP and the stock market aren't the best measure of the nation's economic health now tout them over and over as the ultimate truth. What changed, other than your woodies for getting Trump?

Luddites have been wrong every step of the way so why listen to them now? There's always work that needs to be done. Instead of one man-hour producing 10 widgets, one man-hour produces 100. We'll need to make more and different things. In my field, it's the same people obsessing over AI ending their jobs. AI isn't going to take your job, someone using AI is. Warren Buffett said the most expensive words in the English language are "this time is different."

Only incels who haven't fucked a woman without paying since the Clinton administration fixate on paid sex above all. Deport every Cuban stripper and shut down every Tijuana brothel if it means one American life or job saved.

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skibum609

Trump derangement syndrome makes anything and everything a democrat says/types irrelevant.

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twentyfive

First of all I never said that GDP or the stock market weren't a reliable measure of how well the economy is doing, second of all I'm not a luddite nor am I advocating against progress, but there is a point, that this time it is different, our president has created some very harsh sentiment against our closest neighbors and best trading partners, as well as people that came here legally, this is not the America I grew up in, and it's disgusting to hear this bigotry coming from the highest elected officials in this country. Trump's negotiating tactics suck, we don't need to alienate every one of our allies, because this man has a grudge. For the record, this country was created by migration, and every wave of migration has made us stronger.
I'm not worried about AI ending our jobs, I am worried about how we are treating people, this has happened before, and each time it's caused major problems, until sanity returned and the nativist yahoos, that thought they had a lock on who is an American returned to their hidey holes.
I'm not some woke liberal, I am an American citizen that believes that the center must hold for our country to thrive.

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twentyfive

For the record, idiots that don't realize that valid criticism is not Trump Derangement Syndrome, that is pure crap, and the phrase is used by idiots that know they don't have a valid argument.

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Avatar for Puddy Tat
Puddy Tat

@twentyfive - Since this board eats extra spaces, it wasn't clear that I was also addressing others up and down this thread.
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The de-dollarization has been going on since 9/11. You can't honestly say that Trump was even the greatest contributor to that. By the timelines, that would have been Dubya. We haven't yet seen the full impact of Biden's Russia sanctions, let alone the five minutes Trump has been in power. You can be against Trump's bombastic and often silly actions; I've said elsewhere that his strongarm tactics aren't artful or likely to be effective, and not blame them for everything wrong with the country today.
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Blaming all immigrants for Trump's dislike of illegal immigrants is lazy conflation of the two. Half my family are legal immigrants. They don't like how others were given what they worked and studied hard for, and how they were even privileged (look at California for one) over legal immigration for political points.
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Yes, you do come across as Luddite, though you're not at @Icey 's tard level of it. We need a lot more shit made here, even if it affects some corporations' stock prices, and it is pretty wild to see the left flogging the stock market as the ultimate measure of American wealth. (Actually, I haven't heard that much the last few weeks, wonder why.)
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I assume you were talking to @skibum609 about "Trump Derangement Syndrome." It started as "Bush Derangement Syndrome" and has been applied to every president since, Obama, Trump, Biden. It refers to irrational inability to give an individual credit for anything. Not liking everything Trump does isn't TDS. You're certainly not in the Lib Cope Squad's league (@dustyj, @wld4tatas, @jaybud999, @ilbbaicnl, @hungryhunnypot, and a few other bit players) for that.
But you did say Kamala Harris was going to handily win. That's TDS right there ;)

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Avatar for twentyfive
twentyfive

Why do you focus on things that happened probably before you were born, let’s just talk about what’s happening now
Who’s blaming immigrants for Trumps dislike of them, that’s silly
No Trump plays both ends of this argument, complains constantly about how bad immigrants are then bends rules to staff his own businesses.
Why am I a Luddite is it because I disagree with you on style points.
I’ve given him credit for being an asshole, I certainly don’t think he’s very competent
Sure we can use more things made here, but the reality is there just aren’t enough workers to fill the jobs we have now, just use the industry I’m most familiar with, construction as an example. The rest of this argument is style points and doesn’t amount to a hill of beans, you want to have some sort of control over who comes here, so do I, you want to control who votes in our elections, so do I, what else is there to say, I don’t want this country to fail, but I don’t believe separation of families is a good look for us, you want to stop China from stealing our money, I don’t too, but I don’t think fighting with Mexico or Canada is an effective strategy. I mean really it’s style points, I don’t generally think that we will reach agreement by making derogatory remarks about our fellow citizens, yet here we are, some of you MAGA folks dont have anything else to say except TDS, I call bullshit, I’ve sacrificed for my country, many times it’s been demeaned by certain people who don’t even know me.

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twentyfive

^ I do want to stop China from stealing our money
That was a fat finger typo

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Avatar for Puddy Tat
Puddy Tat

Why do you focus on things that happened probably before you were born, let’s just talk about what’s happening now
-- Huh? I'm a late Gen X-er.
Who’s blaming immigrants for Trumps dislike of them, that’s silly
-- Huh? Illegal immigrants are, by definition, breaking the law. I'm in favor of shutting the border + guest worker program to acknowledge the realities of economics.
No Trump plays both ends of this argument, complains constantly about how bad immigrants are then bends rules to staff his own businesses.
-- He might be a hypocrite, but that doesn't make illegal immigration a good thing.
Why am I a Luddite is it because I disagree with you on style points.
-- Thinking automatons are going to mean Americans don't get jobs, is Luddite thinking. It's been wrong a million times already.
I’ve given him credit for being an asshole, I certainly don’t think he’s very competent
-- Of course he's an asshole. That's his selling point.
Sure we can use more things made here, but the reality is there just aren’t enough workers to fill the jobs we have now, just use the industry I’m most familiar with, construction as an example.
-- Construction isn't amenable to automation. That's why I said we need a guest worker program. We need to make a lot more shit here, the sheer volume will create jobs.
The rest of this argument is style points and doesn’t amount to a hill of beans, you want to have some sort of control over who comes here, so do I, you want to control who votes in our elections, so do I,
-- This would get you drummed out of the Democratic party as a racist.
what else is there to say, I don’t want this country to fail, but I don’t believe separation of families is a good look for us,
-- The families "separated" when they crossed the border illegally. This the Menendez Brothers calling for mercy because they're orphans. If a parent breaks the law, they go to jail, and we don't incarcerate the kid with them. Trump is discouraging family separation by shutting the border Biden opened. He's also curtailing the rampant deaths through the Darien Gap and mass rape of women by people smugglers.
you want to stop China from stealing our money, I don’t too,
-- Yeah, I gathered this is an autocorrect or fat finger.
but I don’t think fighting with Mexico or Canada is an effective strategy.
-- I agree; we should be uniting the rest of the world against China. Canada, Mexico, Europe, especially China's neighbors like India and Southeast Asia. That was a bad look.
I mean really it’s style points, I don’t generally think that we will reach agreement by making derogatory remarks about our fellow citizens, yet here we are, some of you MAGA folks dont have anything else to say except TDS,
-- Not me. I gave a precise definition of TDS and what encompasses it and who has it. You can direct that comment to @skibum609.
I call bullshit, I’ve sacrificed for my country, many times it’s been demeaned by certain people who don’t even know me.
-- What has? Your patriotism? I only demean the "patriotism" of shitheads like @Icey who say it's evil because it doesn't conform to his assheaded politics. I've certainly never demeaned yours.

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twentyfive

^^also as far as Kamala Harris is concerned, if you can shill for that Fat demented clown, I can shill for that terrible candidate doesn’t mean I suffer from TDS.

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Avatar for Puddy Tat
Puddy Tat

^ Shill for? Converse of what I said. Can you give Trump credit for anything and not be called a "shill"?
Believing everyone hates Trump as much as you do is TDS.

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Avatar for twentyfive
twentyfive

To your point about illegal immigrants, yep there are a bunch that don’t belong here but the extreme right is revoking the rights of those who are here legally, and I don’t think they need to be doing this to children who don’t have much say is very humane, a little extra caution isn’t a bad thing and is warranted to do things in my name.

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twentyfive

No you said essentially voting for Harris is TDS, so I just returned your call

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Avatar for Puddy Tat
Puddy Tat

^ No, I said believing Harris was going to beat Trump was TDS. I can't think of any metric by which she was a good candidate. She was nominated because of a palace coup, and because Democrats would have hell to pay if they bumped a black woman off the ticket.
Illegal immigrants need not to come in the first place. The 14th amendment seems to protect birthright citizenship, but the humane thing is to tell them not to come here.

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Icey

Whether or not you have documents to be gere is irrelevant. The constitution applies to you.

And i like converse

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twentyfive

^^I don’t really care that much, as far as I’m concerned there isn’t much I can do anymore so like I said back in November I wish him success.
Based on his first 100 hundred days he’s not doing very well at all.

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Avatar for Mate27
Mate27

The dollar strengthened under Biden. Just sayin

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Avatar for chiefwiggum
chiefwiggum

Every time I read that the US doesn't make anything anymore I seriously question the education in this country and I hate the media even more. Economics needs to be taught starting at 3rd grade to high school (this goes for the rest of world too).

We have been increasing on average in production from 1.3T in 1997 to 2.5T in 2021
macrotrends.net

We are the second most productive country on the planet next to China. Yes, China's production is at 4T, but they also make plastic shit, low cost items, and use slave labor. The other major producers (Japan (1T), Germany (806B), South Korea (459B)) (notice the drop off there) actually take skill and make the world a better place.

All high level, wealth producing manufacturing will be automated, that is just fact. Automation will also take over lower skilled manufacturing. If we want to slow this down, then reduce regulations and get ride of minimum wage. .

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Icey

😂😂😂😂😂 how many things you own are American made?

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mogul1985

@Dustyj and @Icey - these are 2 reasons why there are warnings on Dry Cleaner Bags. YET, there are no warnings on 1 gallon ZipLok bags that are used by MS-13 & TdA to slowly suffocate people to death.

@chiefwiggum I recently saw a stress test of a 60 year old sledge hammer Made in USA and a 5 year old sledge hammer Made in China. Guess which one was better? And that goes for all products. Remember when LED lights on Amazon had a "50,000 hour" rating - mine were dying after 3,000 hours yet my original GE Lightsticks that I run sunset-sunrise have been working for over 12 years in serious heat/cold weather in Colorado.

And yes, you are spot on! Wait until we see what happens when Optimus (learning compared to programed Boston Robotics) robots are as fast and agile as humans in 3-5 years. They'll do mundane jobs for 18 hours a day/7 days a week, be a lease expensive (not labor), and will cost $3/hr. And, when they need to be replaced, download or swap in the memory chip from the one they are replacing and there is no training/learning curve.

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skibum609

I m always amazed that people who think they are smart look at the short-term impact or a long-term policy and at that point determine success or failure. If progressives were in charge of the first electric light, car, plane etc., not being immediately successful, would have never moved to a second stage. If you read foreign news, you get the idea China is beginning to hurt big time and is making a lot of tariff exceptions.

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Icey

Americas problem

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Avatar for rickymacrodong
rickymacrodong

Nazis are a fringe element on both the left and right. Maybe under 10% on both sides. They have nothing to do with americas big problems.
Now if you mean generalized racism, that is a more prevalent issue but even then its prevalent across the political spectrum.

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Avatar for Puddy Tat
Puddy Tat

^ Chunkyflacko is just trolling for a reaction.
Meanwhile, this was such a disaster that the S&P ended the day UP +0.15%!
The sky is falling! The sky is falling!

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Icey

That meme literally describes the political state of the country and tuscl

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