The big currency winners of 2025 so far do not include the dollar
(www.reuters.com)
from schizoidman@lemm.ee to world@lemmy.world on 14 Mar 2025 09:34
https://lemm.ee/post/58356352
from schizoidman@lemm.ee to world@lemmy.world on 14 Mar 2025 09:34
https://lemm.ee/post/58356352
cross-posted from: lemm.ee/post/58356351
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Who’d have fuckin’ guessed that the country that’s burning bridges with all their allies might have a currency that may not be doing so hot?
Finally the Swedish crown is doing well. Feel it’s been in the shitter for ages now.
Isn’t it pegged to the EUR?
It’s not. IIRC that’s the final step to obligate us to join the Euro, and the only requirement we’re not fulfilling (willingly, despite majority wanting it but because we voted against it a long time ago).
Reducing the value of the dollar may be deliberate.
yanisvaroufakis.eu/…/donald-trumps-economic-maste…
That was an interesting read. This seems bonkers as a long-term plan, but it does help outline the economic suicide Trump is courting right now.
People just grasping for straws for any rational explanation for this behavior that doesn’t include the goal of destruction.
There is none
The dollars power is printing money which does not exist. They love it when the world uses the monopoly money fabricated by America. Why would they ever want to change that?