Why isn’t your currency doing better against The Dollar?
Why isn’t your currency doing better against The Dollar?
Someone is gonna say globohomo or the jews so I'm gonna say it first so they look less smart.
Shitaly needs a bailout and Germ*ny shat the bed with their retarded energy policy.
In general, the more dependent a country is on energy imports, the worse off it is.
I remember when Brexit was happening and one pound was worth like 40 cents so I planned to buy a bunch of pounds for cheap and wait till after Brexit because I didn't know how currency worked
it's 21 pesos to a dollar now instead of 19. We didn't get it as bad as other countries
It's basically the reverse Plaza Accord, which means that Japan's economy will take off again like in the 70s and 80s
Mexico has a bigger GDP than Russia now.
I remember when Russians claimed that this war would kill the USD for good.
>Euro becomes worthless
>US stocks go up a gorillion Euro, despite actually going down in Dollars
>Tax man be like "please pay taxes on your gorrilions of profits"
America is making my country poorer.
Trumpsters will still deny Biden is their best president up to date
If you don't sell they can't tax you for profits... at least in the U.S, no idea about your cunt
Based
All countries other than America should be poor and weak
How has a weaker currency made you poorer? You don't buy anything from the US
If you are wealthy you don't want to have your wealth in the bank.
You want it in stocks, while you have a decent buffer in your bank account.
So when you need money, you burn non relevant values in stock taxes, as opposed to paying a lot of money via income tax or wealth taxes.
I think if you buy and hold stocks it's the same. But with mututal funds they tax 60% of the "earnings" that are made when rebalancing with 27.5%.
I don't even understand what this shit means. Inflation is fucking crazy here too.
I hate this failed shithole of a country
Its the opposite, currency of ally nations are devalued so they can export more
Not my problem
Great Britain, more like OK britain
Suck my dick cheese britcunt
USA #1
So the theoretical worst case would be: They sell all the stocks they have and they buy them again.
This means 60% of what the current funds value is minus what you paid for it is taxable income on your side, even though nothing changed.
you are retarded the main problem right now is inflation and it gets much worse with a declining currency
How can a strong dollar make other things weak? What does strong dollar even mean? It buys more stuff? That means Japanese yen buys less stuff?
Biden is sleepy like a fox
Expanded nato
Ended race riots
Ended covid
Ended Trump depression
Stimulus checks
Infrastructure plan
Ended afghanistan
Fucked up Russian
Like a fox.