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RSS BotMB to Hacker NewsEnglish · 2 days ago

The US dollar is on track for its worst year in modern history

www.semafor.com

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The US dollar is on track for its worst year in modern history

www.semafor.com

RSS BotMB to Hacker NewsEnglish · 2 days ago
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The greenback is down more than 7% this year, and Morgan Stanley predicts it could fall another 10%.

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  • Akasazh@feddit.nl
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    1 day ago

    Yet!

  • No_Ones_Slick_Like_Gaston@lemmy.world
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    1 day ago

    Is hard to argue with this fact, but also hard to explain this to people who think tariffs are paid by companies and countries sending products to the US.

    • bear@lemmy.blahaj.zone
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      1 day ago

      It’s hard to argue against messaging that’s been systematically drilled into their heads by media that the cult leader controls.

      Even if you can get a maga to acknowledge some policy is immoral or destructive, they will quickly revert back to supporting it due to the constant propaganda.

  • BastingChemina@slrpnk.net
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    1 day ago

    I’m living in Europe but get my salary in euro USD. I’m basically getting a paycut every months recently

    • FinnFooted@lemmy.world
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      1 day ago

      I’m living in Europe and all my debt is in USD. The collapse of the dollar is pretty bitter sweet.

    • tostiman@sh.itjust.works
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      1 day ago

      Typo? Or do you convert your euros to dollars?

      • BastingChemina@slrpnk.net
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        1 day ago

        It was a typo, thanks

  • mineralfellow@lemmy.world
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    1 day ago

    Yay, more instability!

  • frunch@lemmy.world
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    1 day ago

    Worst year? I think you mean #1 year for low-value!!!

    USA! USA! USA!

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