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Joined 2 years ago
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Cake day: October 1st, 2023

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  • I can’t speak to the sell-off, but I have a lot less faith in the USD’s future as de facto world currency now than I had two years ago. Trump is antagonizing everyone, and we elected him twice, so they know it wasn’t a fluke.

    I wouldn’t be the slightest bit surprised if the Euro gradually takes over as world currency within the next couple of decades.

    Hmm, that might actually be part of the reason for the sell-off. With the tariffs, China is shifting focus to other markets than the US.