[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 74 KB, 630x420, 6FD510FF-E00F-4012-B823-34A0A69C4D2C.jpg [View same] [iqdb] [saucenao] [google]
19680408 No.19680408 [Reply] [Original]

https://www.bloomberg.com/opinion/articles/2020-06-08/a-crash-in-the-dollar-is-coming

Thoughts?

>> No.19680437

>THEYRE JUST GONNA KEEP PRINTING MORE MONEY
>AHH THE STOCK MARKET IS GONNA CRASH!1!!
apocalypse fags cant pick one

>> No.19680520

The ramifications of this are too big for a sudden crash. Maybe stagnation or a slow decline if another currency becomes a more powerful alternative, but the dollar is the entire world's reserve currency. A crash in the dollar would affect every country on Earth, and disproportionately the smaller countries that don't have the development or labor force to prop themselves up while still being tied to the dollar.

>> No.19680639

>>19680437
who said the stock market is going to crash? Schiff has been saying the exact opposite. Its just more evidence of inflation and a weak dollar that it never goes down.

>> No.19680662

>>19680520
>world reserve currency
>world’s strongest military
>people still wanna move here
>rich fags buy real estate here to hide wealth
Until things like this change, the dollar isn’t going to crash

>> No.19680685

>>19680408
The dollar will crash once the BIS says so.

>> No.19680716

>>19680639
>schiff said
opinion discarded

>> No.19680721

>>19680662
>worlds reserve currency.
Barely hanging on. Chinas dumping, russia never held, its eroding rapidly
>worlds strongest military
again eroding rapidly. Within a decade china will have a larger navy
>people still want to move here
only 3rd worlders and poors. I have not met a single well educated euro permanent resident in years. You see them on vacation sometimes but never living here.
>rich fags buy real estate here
Not nearly as much as countries like canada, new zealand, and australia

>> No.19680752

>>19680662
Dude the chinese are major RE buyers in the sates. They're coming for our land bc the chinese gubment gives them sweet sweet 0% loans on RE purchases in foreign countries

>> No.19680805

>>19680408
>bloomberg

>> No.19680821

>>19680716
>Denial
Can't deal with the new paradigm

>> No.19680830

>>19680662
I just ditch my currency for us dollar kek