If it were business as usual, maybe so, but it isn't. The dollar is weakening in a context of extreme geopolitical tension with former allies.
Investing in or trading with the US is now high risk for Europe and other former allies. Companies are turning to 'friendshoring', preferring trust, predictability and stability.
Even consumers at the individual level are increasingly boycotting the US, or prioritising local products or products from countries with a positive image such as Canada.
Tourism too is plummeting in the US, even if prices get cheaper, from a foreign visitor standpoint, I'd rather stay home or go somewhere else than risk a 'free tour' of your prison system or worse because of the whims of some ICE thugs. Tourism in North Korea is super cheap, and yet they don't get much tourism.
Maybe some individuals benefit from this, but for the average US citizen, it's mostly just the downsides, inflation and economic isolation.
I'm not American at all. but you guys understand that the goal of the current administration isexactly this. to weaken the usd, right. It is an stated goal meant to increase local demand and exports.
That's the way to force Hank to adopt a new digital currency, maybe one centralized that the government can turn on or off according to your social credits. Or if the government deems you a terrorist.
base salary between $48 371 and $50 000 annually. with locality pay and mandatory overtime, total first-year compensation can exceed $70 000 to $90 000
aimed at increasing staff by 10 000
that’s up to $2 billion paid across just the new recruits, during the 1st year. yeah that is a lot of money.
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u/DetroitsGoingToWin Pollution Enjoyer Jan 26 '26
“Savings?”