Another Trump Win. China's currency in collapse.
- Thread starter Stone
- Start date
https://www.fibre2fashion.com/news/...w-against-usd-on-apr-8-301893-newsdetails.htm
While our lib tards gently weep......
While our lib tards gently weep......
Tbird19482
Verified User
And the Canadian dollar is getting stronger.
it was 1. 44 Canadian to 1 dollar US last week and is now 1.40 plus change to 1 dollar US .
it was 1. 44 Canadian to 1 dollar US last week and is now 1.40 plus change to 1 dollar US .
Less money for them to use to invade Taiwan with. Russia has to hire their soldiers to take Ukraine with. lol that BRIC thing isn't looking like the earth shaking dollar toppler they've been claiming for years now, I'm sure the conspiritards all have a new theory already dreamed up, though.
lol means their exports are less affordable, dumbass. They can thank Trump. lol
That was the point of the entire tariff adventure.
Notice today the stock market AND gold went up. Guess which country is hoarding gold?
BartenderElite
Verified User
Of course. Now that something happened, that something is the "point" of why Trump implemented tariffs and then backed off them.
I don't remember anyone saying that was the point of tariffs prior to this happening.
Indeed. I was hoping to pick up some bargains, but instead nearly everything went up. Pissed me off. lol
Awwwwe,....he mad at good news while Trump in office. What a shame huh....
You have a short memory.
1.44 > 1.40 it is dropping in value if your numbers are correct.
What is the point of starting Tariffs on countries that have said they want to deal. Shouldn't they be rewarded?
Tbird19482
Verified User
What good news?
US / world economy on the brink of a recession / depression? ( that is real good news isn't it? )
People losing their jobs by the hundreds of thousands.?
Unemployment going up, GDP going down, Farmers losing more money and will need ANOTHER bailout because of Trump's tariffs .
Prices of just about everything we buy going up? ( and has already started )
Trillions of dollars lost on the markets?
Vets not getting the help they need and neither are the working poor / poor or elderly .
And MORE.
ZenMode
Well-known member
" Guess which country is hoarding gold?"
China.
Since 2017, China has significantly increased its gold purchases, both through the People's Bank of China (PBoC) and private sector demand, driven by factors like diversifying reserves, seeking a safe asset, and a weakening currency.
Wanna guess why they increased gold purchasing in 2017?
Tbird19482
Verified User
It is INCREASING in value .
It takes lees Canadian money to buy a US dollar not more, if it took MORE it would be losing value.
It was a dollar 44 cents to buy a US dollar and is now a dollar 40 cents to buy a US dollar.
Their money is increasing in value.
It used to be running about equal before the wacko's took it over.
Tbird19482
Verified User
They have Not been equal in well over 30 years.
The Canadian dollar has been running about 142 to 147 to one US dollar since before my ex father in law had his summer place in Rice lake and that was back in the early 1990s.
When did Trudeau take over.
Tbird19482
Verified User
When we use to go over there all the time we made sure to use a CC to make sure we got the best exchange rate.
And we went there just about every weekend in the summer for years.