politics

I saw the canadian dollar fell but not anything else

Its already back up

but yeah it fell 1 cent

Actually what the fuck

we are way up

when did we get back up to 73 cents on the US dollar

We were at sub 70 for a while

looks like it went up a week ago

I don't think you've been below 70 in a long time

unless there was a very short dip

Shows how little I pay attention to the value compared to the US dollar lmao

I just assumed we were still at .69

That was about 3-6 months ago

ok yeah, I looked it up, it hit .69 a couple times this year, but tends to stick in the mid 70s

We are roughly where we were a year ago, there was a big dip and then a rise again

I feel like everyone is still waiting for a global recession to start

it's kind of weird

Dude, the US is the most stable country in the world

No change

USDC core

the petro dollar

I wonder what dumb thing will be the trigger for a recession

Surplus of cheese found in a forgotten cheese vault, triggers a mass cheese selloff because its worthless

the cascading effect is unprecedented

China lists itself on the US stock market

an old school rugpull

The US sells itself to itself, claims that because new ownership all previous debts are eliminated

I mean, that'll happen eventually

in order to afford buying itself, it prints 500 trillion dollars

the idea of sovereign debts is retarded

they never get repaid, they are either forgiven or reduced

or the country ceases to exist, and the debt goes away

America is one of the only (real) debt-bearing countries to not have collapsed

wait, I actually don't know this

is the US debt, despite being the #1 in the world by a huge margin

is it actually net positive

because all the rest of the world owes us more (unpayable) debt on top of our own sovereign debt

this is why sovereign debt makes no sense, yes

skill issue, next time don't loan money to countries who cannot pay you back

ok yeah it is

Every country should lend eachother equal amounts of money such that the interest on the debt cancels out

world owes us $36T, we owe (mostly ourselves) an additional $28T

and then we owe $9T to other countries

can we just collectively decide to fire all our debt into the Sun

Yeah but then no one will trade in usd again

we can rebrand them as sun dollars though

that's WAAAAYYYY cooler

Alright I’m in

Wait

Cooler or hotter?

Sun dollars are cooling, dump it

jokes on you, while you were buying sun dollars

I went long on sand dollars

I'm rich

I hate sand dollars

My parents lied to me as a kid and told me Indians carved them

like they did with arrowheads

and in my defense

when you wander around Virginia, you find arrowheads and Indian beads everywhere

so it sorta made sense that there were beach Indians too

alright im kinda stupid

what are those

never seen em before

sand dollars

living creature

You use them as currency when you are on the beach

they are worth 0.5 USD (tariffs hit them hard)

international beach currency

wait they are literally sand dollars

wtf hahah

thats whimsical

That is what they are called

If you want proof, go boot up any copy of animal crossing and go to the beach

or google it

whichever is easier

Not watching the whole video, the housing section is accurate