OT: American Politics

[worm]

The US dollar is worth about 10% less than it was about 4 months ago. These fluctuations can happen but it doesn't typically happen this fast.

Does this help or hurt Canadians / canada?

 

[MindzEye]

The US dollar is worth about 10% less than it was about 4 months ago. These fluctuations can happen but it doesn't typically happen this fast.

Also when it's value was strong and tracking upwards until something changed in the middle of January. No idea what that is of course....

 

[axlsalinger]

Does this help or hurt Canadians / canada?

Pretty straightforward math here: Factor in a 10% discount when ordering goods from the US due to a weaker US dollar, then subtract anywhere from 10% - eleventy billion % for tariffs depending on the daily whims of an imbecile.

 

[MindzEye]

Does this help or hurt Canadians / canada?

Neither really at these levels. For our purposes we're much more concerned about currency pairs and what it does to specific trading relationships.
If it means anything, it means a weaker US dollar while it's in the middle of a trade war. So good, but the impacts at these levels are super, super marginal.

 

[worm]

Pretty straightforward math here: Factor in a 10% discount when ordering goods from the US due to a weaker US dollar, then subtract anywhere from 10% - eleventy billion % for tariffs depending on the daily whims of an imbecile.

Yep. Clear as mud.

 

[MindzEye]

This is an interesting brick in the wall, but bond rates are the main show imo. Every basis point (4.34% to 4.35%) represents 3.5 Billion dollars in additional debt carrying costs to the US treasury.

 

[MindzEye]

Yep. Clear as mud.

 

[Preston]

Does this help or hurt Canadians / canada?

Should be good for your upcoming trips to America which I'm sure will be plentiful!

 

[WeHaveMoreCupsThanYou]

View: https://x.com/RossKneeDeep/status/1913732542747811907

 

[lecoqsportif]

View: https://bsky.app/profile/carnage4life.bsky.social/post/3lnai4fnsfs2r

Too late you POS slap head.

 

[lecoqsportif]

The US dollar is worth about 10% less than it was about 4 months ago. These fluctuations can happen but it doesn't typically happen this fast.

So…. here’s what should never happen:

1. US equity down.
2. US treasuries down.
3. US dollar down.

All at the same time. That should be unpossible. Like, never. Never ever.

But they did it.

Because it’s a kakistocracy. And their base are cack populi.

 

[MindzEye]

All at the same time. That should be unpossible. Like, never. Never ever.

The flow of capital has reversed.

 

[Habsy]

Heavy market manipulation can do that though and their voter base applauds it.

 

[lecoqsportif]

Heavy market manipulation can do that though and their voter base applauds it.

For all three? You need capital outflow. Treasuries are owned by foreigners.

Their base is invested in crushed Coors Light cans.

 

[axlsalinger]

For all three? You need capital outflow.

Their base is invested in crushed Coors Light cans.

what about bullet-riddled cans of Bud Light?

 

[Habsy]

For all three? You need capital outflow. Treasuries are owned by foreigners.

Their base is invested in crushed Coors Light cans.

There's massive manipulation going on for the Uber rich

 

[MindzEye]

There's massive manipulation going on for the Uber rich

They can't make all 3 move in the wrong direction. This is central banks, national sovereign wealth funds, pension funds, etc rebalancing for risk.

The actual big money. Elon might be worth ~360 Billion, but that's not liquid in the markets. That's all tied up in the value of a few assets. The Norwegian sovereign wealth fund has ~1 Trillion USD worth in American markets. If Elon rebalances his portfolio of liquid assets, no one would ever notice. If the Norwegians decided to reduce exposure to US stocks and treasuries, the entire economy would feel it.

 

[CH1]

View: https://www.instagram.com/reel/DImeHRPvc7m/?igsh=NjZ2eHFveDE0bHZx

 

[MindzEye]

View: https://www.instagram.com/reel/DImeHRPvc7m/?igsh=NjZ2eHFveDE0bHZx

and it's barely even started. American market watchers are going to be amazed at just how important foreign money was to American prosperity when this is done, but it's going to be a process that takes years to unwind. All of these entities have so much wealth in American markets that they need to slow roll it out of the American system to not create shocks to pricing.

 

[MindzEye]

Seriously, there's maybe ~40 trillion worth of foreign money in US stocks and treasuries combined. People in the know are shitting themselves at maybe, maybe 500B flowing outward from US markets over the last few weeks.