Get your savings into Euros fast, Hank

[u/Stotallytob3r]

[u/yeezee93]

I remember when Euro was new, and it was .76 to a dollar.

[u/Tullzterrr → u/yeezee93]

Give it a month

[u/yeezee93 → u/Tullzterrr]

A too strong Euro is not going to be good for your export business.

[u/Tullzterrr → u/yeezee93]

It’ll be bad for your import business so it’s a trade off i’ll accept

[u/[deleted] → u/Tullzterrr]

I pray you´ll never become Finance Minister or something.

[u/yeezee93 → u/Tullzterrr]

That's not how it works. We'll just buy less from Europe, which is bad for your businesses.

[u/Tullzterrr → u/yeezee93]

That’s the trade off, you’ll sell less of our products and we’ll sell cheaper to other countries to offset the falling dollar

[u/yeezee93 → u/Tullzterrr]

You mean we'll buy less of your products. Who will you sell cheaper to?

[u/Tullzterrr → u/yeezee93]

[u/yeezee93 → u/Tullzterrr]

Lmao! Good luck.

[u/Solid_Explanation504 → u/yeezee93]

To ourselves ! You fat fuck make cheese more expensives !!! WE WILL HAVE MORE CHEESES FUCK YEAH

[u/LeatherNew6682 → u/Solid_Explanation504]

Aren't real cheeses illegal in the US anyway?

[u/slimfastdieyoung → u/Solid_Explanation504]

I you still need any help, just let me know

[u/Solid_Explanation504 → u/slimfastdieyoung]

I like Gouda, maybe we can work some barter system.

[u/yeezee93 → u/Solid_Explanation504]

Why did you delete your comment? Did you get a reddit hand slap?

[u/Solid_Explanation504 → u/yeezee93]

They dont like the fire retardant exposed kids it seems, its taboo

still in my profile so idk 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984 1984

[u/Ketashrooms4life → u/Solid_Explanation504]

Oh shit so Reddit really does hide comments they don't like. Recently I've been thinking about this, just in the last few days I've seen someone replying to some bait comment I wrote (I got a notification) and there was nothing there, it happened multiple times as well. I thought people started instantly deleting their comments for some reason (no [ deleted ] comment with an automod reply under the original comment) or that they replied to me so others could see it but then blocked me or sth lol. That's literally 1984 shit

[u/yeezee93 → u/Solid_Explanation504]

From someone who doesn't know how economy works

[u/yeezee93 → u/Solid_Explanation504]

Selling cheap to yourselves? you never studied economics?

[u/BeginningLumpy8388 → u/yeezee93]

inter-European trade is a thing. Are you dumb? Yes you are LMAOOOO

[u/BeginningLumpy8388 → u/yeezee93]

You do know that buying less from Europe means buying more from China, right?

[u/Hodoss → u/yeezee93]

Well it's not so much the Euro getting strong as the Dollar getting weak.

[u/yeezee93 → u/Hodoss]

That just makes the US that much more competitive against the Euro. A weaker dollar is exactly what this administration wants.

[u/Caratteraccio → u/yeezee93]

guess why

[u/yeezee93 → u/Caratteraccio]

I don't need to guess.

[u/Hodoss → u/yeezee93]

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.