nauseus

6 minutes ago, WorriedNoodle said:

Ditto. You are cherry picking data. Why not look at the charts of the DXY from 2001 to 2008 when another Republican took control that the world laughed at.

Then you will see J/thing's bs for what it is - who won in 2008 anyway? Join the JA club.

1 hour ago, Jingthing said:

First things first.

I don't believe that voters should vote only based on self interest.

While that is an important factor, ideally responsible citizens should base their votes on much broader considerations.

For example, I would be happy to personally pay more tax to support Ukraine to the level where they could actually win against Russia. 

But back to the topic -- U.S. expats and the Trump weak dollar policy.

From a pure self interest policy, the vast majority of expats would benefit from stronger rather than a weaker dollar.

Well the weak dollar policy is working. Weakest dollar globally since the early 1970's.

Against the baht, it would hardly be shocking to see it go to 30 or even God forbid 25.

Further economic shocks are more than possible now -- global recession, U.S. stagflation, global depression, bond market melt down, financial crises, etc.

It was indeed a much more stable economic situation under President Biden and it's fair to conclude a President Harris would not have introduced the wild risks and instability that Trump has.

So getting back the WEAK DOLLAR policy, maga fans -- did you realize before the election that was what you were voting for? If not, are you cool with it now?

To me it's kind of funny. Make America great again with a weak dollar and instigating a more serious risk of a rapid degradation of the dollar as the global reserve currency (which has been the "secret sauce" of U.S. wealth for decades).

More erroneous horsedoo. The dollar was far weaker than today from 2008-11.

Trump has been quite clear that he wants a weaker dollar and was so before the election.

3 hours ago, stevenl said:

It's ok if you don't follow. But if someone says 'he's untrustworthy ', that would be a good reason for that someone not to trust him.

Inside your very limited space, I suppose it would.

1 hour ago, HappyExpat57 said:

NONE of these candidates were right. Some were just less atrocious than the other.

 

Meat loaf and taters?

32 minutes ago, KhunLA said:

It's an requirement to be president.  As seems every president has done the same thing, since 1929.  They totally lost control around 1980, with constant increases onward ... especially the idiot presidents of the 21st Century.

 

 

https://www.self.inc/info/us-debt-by-president/

 

And what happened in 1929?

13 hours ago, AndreasHG said:

Maybe a little less than a crash, but still a significant depreciation. This is what happened during Trump's presidency. The dollar was indexed to 100 at the beginning of his presidency.

Only the pound of Brexit Britain, which was led in quick succession by Theresa “Brexit means Brexit” May, BoJo “oven ready deal” Johnson, Liz "Lettuce" Truss and, finally, the best of them all Rishi Sunak, did worse.

 

Off topic and even that came out of your hat.

And get some new crayons.

2 hours ago, stevenl said:

But it's a good reason not to trust him.

Because "people say"?

43 minutes ago, spidermike007 said:

From a rational Canadian. This is how the world views us now. A truly horrendous fall for a nation people used to respect. 

 

 

Pot calling.

10 minutes ago, Harrisfan said:

Stocks up 20% since April

Yep. Watch out.

13 minutes ago, Felton Jarvis said:

If Trump is BREATHING.....he's the wrong man for the job. I never thought I would see such a monster living in the White House. A national emergency and no one seems to be aware of the danger. Stick a fork in the USA.....it's DONE!!!!

Do you like blue hair?

15 minutes ago, CallumWK said:

 

 

Trump wants a cheap dollar, as that is positive for exports.

 

During his first term he also crashed the dollar

Line1 yes, but not line 2. Actually The last significant dollar "crash" occurred about the time of the 2008 GFC until about 2011 (about 25% down from now). In early 2018 the Fed tried raising rates after years of zero but the stock market dipped and they gave that up immediately.

There was no real recovery after that. Just QE QE QE and NZIR's - easy money -  that's why the markets are so obscenely overvalued now.

1 hour ago, DezLez said:

The poster's sources are certainly more reliable than the sources you seem to obtain your cr@p from that you use to spout forth on here!

Oooh...testy.

2 hours ago, JAG said:

There is much in what you say, although I find the thought that the creature is anybody's "wet dream" deeply disturbing!

Deeply indeed.

3 hours ago, FolkGuitar said:

 

 

That didn't take long. 555!

Neither did Biden.  555

On 6/30/2025 at 11:46 AM, FlorC said:

When is Powell going to cut rates ?

That will lower the USD.

 

The US has had the privilege of having the world's reserve currency,

that should stop.

Some are working on it.

On 6/30/2025 at 10:15 AM, BritManToo said:

Don't forget the Norwegian Krone, that's down to about half, worse than the Aussie dollar.

Yup. Down with the oil crash.

On 6/30/2025 at 12:17 AM, bunnydrops said:

I take all predictions with a grain of salt but one major financial institution is predicting another 7% drop before the end of the year.

The dollar or your bunny?

On 6/29/2025 at 11:51 PM, Harrisfan said:

Doomsday rubbish. 

Less of the doomsday LOL.

On 6/29/2025 at 11:31 PM, swissie said:

Concerning the Swiss Franc versus the US$.

 

In 1965 I had to pay 4 Swiss Francs for 1 Dollar.

In 1978 I had to pay 1,65 Swiss Francs for 1 Dollar.

Today I pay 0,79 Francs for 1 Dollar.

 

Anymore questions?

Yes. How much in 1969?

On 6/29/2025 at 10:11 PM, frank83628 said:

How have you been personally effected?

Looks like it.

1 hour ago, Schoggibueb said:

So you repeated this now a few times.

 

Would you mind and tell us when exactly this bull run was?

 

1year USD-THB -11.63%

1year CHF-THB +0.64%

 

10yrs USD-THB -3.79%

10yrs CHF-THB +14.58%

Most recently from 2022-now.

The $ index is now still just above the recent historical average but you can see that just after the the GFC it was down to 70.

Yes, it's descending. Trump said he wanted both a lower dollar and low USD interest rates - this will make debt interest payments easier.

So the USD is set to decline further. Yes, the Swissie is about the strongest paper money right now - I wish I still had some.