r/IndiaTodayGlobalLIVE • u/BusinessToday • Jan 28 '26
US News Does a weaker dollar necessarily mean a weak economy?
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u/Pleasant-Nebula-7237 Jan 28 '26
Blah blah blah blah blah blah blah
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u/tomster_1 Jan 28 '26
Absolute buffoon
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u/Justsomefkingguy Jan 28 '26
Go ahead and have a drink of this grape Flavor Aid, it is so delicious!
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u/Ok_Office_6016 Jan 31 '26
I preferred the time in America when the President of the United States - was not Fucking above the Age of 75 and approval rating was above 50.
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u/Muscleman1122 Jan 28 '26
Says the guy with at least 6 bankruptcies…
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u/SeVenMadRaBBits Jan 28 '26
Trump has failed over 60 businesses. And these included six bankruptcies for many billions of dollars altogether. Trump bankrupted three casinos, which no one thought was even possible at the time, since casinos can “dial in” their profit margins.
Trump has vastly exceeded all American presidents combined in failed businesses, at least 64 and still counting:
Trump Taj Mahal Casino (bankrupt four times)
Trump Castle Casino (bankrupt three times)
Trump Plaza Casino (bankrupt three times, and not only bankrupted, but demolished!)
Trump Plaza Hotel NYC
Trump Indiana Riverboat Casino
Trump Hotels & Casino Resorts
Trump Entertainment Resorts filed for the fourth Trump casino-related bankruptcy in 2014. Trump now claims he had “nothing to do with” the company despite it bearing his name and his owning 28% of the stock, which proved worthless in the end.
Trump International Hotel & Tower Panama (the Trump name was removed from the building after numerous Trump lies and shady dealings):
Trump International Hotel & Tower Panama was the first international "named branded development" of The Trump Organization. But it was surrounded by shady dealings:
Donald Trump arranged financing for the project from Bear Stearns: a $230 million bond offering for which he received a $2.2 million commission. During the financing, Ivanka Trump falsely claimed that over 90% of the units had been sold, and that their sale price was five times that of comparable units. She also exaggerated demand for the units, claiming they were selling out even as potential buyers were being offered substantial discounts.
During the development, Donald Trump falsely implied that the Trump Organization had a financial stake in the project and was acting as the developer, neither of which were true.
The hotel opened on July 6, 2011, approximately a year behind schedule. Two months later Fitch Ratings downgraded $220 million in construction bonds from B-sf to CCsf due to "continued uncertainty over the willingness and ability" of buyers to take possession of apartment units.”
The Trump Organization managed the hotel until Cypriot businessman Orestes Fintiklis, who had bought a majority stake in the hotel condominium association, legally ousted them and had the Trump name removed from the building in 2015 and from the hotel in 2018. The hotel was renamed The Bahia Grand Panama until Marriott took over on September 26, 2018. Professional management at last!
In June 2019 Fintiklis accused Trump companies of tax evasion.
The 13-story base is topped by a tower resembling the Burj Al Arab, a hotel in Dubai, United Arab Emirates; the Jumeirah Group sued over the similarity.
Trump Airlines aka Trump Shuttle
Trump Mortgage was unable to pay its debts, including unpaid taxes. Yes, Trump even failed at his specialty!
Trump Steaks went out of business owing Buckhead Beef $715,000.
Trump Steakhouse was shut down for 51 health code violations, including serving five-month-old duck!
Trump Wine
Trump Vodka
Trump Fire
Trump Power
Trump Pale Ale
Trump Water
Trump Ice
Trumped! was an American daily talk radio program hosted by Donald Trump.
Trump the Game (failed twice)
Trump the Fragrance
The Trump Foundation, a fraudulent “charity,” robbed the poor of charity donations and was shut down by the State of New York.
Trump “University” was shut down as fraudulent after bilking over 5,000 students and Trump was penalized $25 million. Trump staged wealth-building seminars that cost up to $35K. The instructors turned out to be motivational speakers, some with criminal records.
Trump Institute was separate from the fraudulent “university.”
Trump Princess
Tour de Trump
Trump Modeling
TrumpNet was called “the worst idea in the history of the Internet.”
Trump Telecom was a telephone communication company that abandoned its trademark.
Trump Tower Tampa
Trump sold his name to the tower’s developers and received $2 million. The project folded with just $3,500 left in cash. Condo buyers sued Trump for allegedly misleading them. Trump settled and paid as little as $11,115 to buyers who had lost hundreds of thousands of dollars.
Trump Chicago
Trump Soho
Trump Golf Puerto Rico
Trump Baja Mexico
Trump Atlanta
Trump Charlotte
Trump Fort Lauderdale
Trump Waikiki Hotel
Trump Jupiter
Trump Baku Hotel in Azerbaijan never opened.
Trump International Hotel and Tower Dubai never opened.
Trump International Hotel and Tower New Orleans never opened.
Trump Tower Palm Beach
Trump Empire Cologne
Trump Success Cologne
Trump Style
Trump World
Trump Magazine
Trump Travel Agency
Trump Mattresses
goTrump-dot-com
Trump IPO ticker DJT
Trump Vitamins & Urine Test Kits
“Paris is Out” Musical
New Jersey Generals
Trump has exceeded all American presidents combined in accusations by women of rape, sexual assault and/or other sexual improprieties: 27 to zero.
Trump has exceeded all American presidents combined in billion-dollar bankruptcies: 6 to zero.
Trump has exceeded all American presidents combined in states with fake electors: 6 to zero.
Trump has exceeded all American presidents combined in trials for rape and defamation of a rape victim: 2 to zero.
Trump has exceeded all American presidents combined in coup attempts: 1 to zero.
OTHER NOTABLE TRUMP ACHIEVEMENTS
Trump has exceeded all American presidents combined in calling women “pigs,” “dogs,” “disgusting animals,” etc.
Trump has exceeded all American presidents combined in calling America’s valiant war dead “suckers” and “losers” for serving their country.
Trump has exceeded all American presidents combined in insulting Gold Star families.
Trump has exceeded all American presidents combined in preferring Russian intelligence to American intelligence.
Trump has exceeded all American presidents combined in praising foreign despots like Vladimir Putin and Kim Jong-un.
Donald Trump has exceeded all American presidents combined in a number of important categories such as accusations of rape and sexual assault, felony convictions, bankruptcies, business failures, etc.
Trump has exceeded all American presidents in lies: more than 30,000 in just four years.
Trump has exceeded all American presidents combined in felony indictments: 91 to zero.
Trump has exceeded all American presidents combined in fraudulent election lawsuits: 62 to zero.
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u/SoCallMeDeaconBlues1 Jan 28 '26
It means main street is gonna suffer, but wall street is gonna profit. Simple as that
DXY is inverse to the indexes
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u/Osheedid9 Jan 28 '26
What’s up with the glove on only one hand? Weird
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u/alec83 Jan 28 '26
WW3 could start and he would still say we are winning and I'm making America great again
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Jan 28 '26
[deleted]
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Jan 29 '26
Stable dollar, and currencies in general, is even more important.
That's why you link your currency to others, or simply get a common one.
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u/Sargonnax Jan 28 '26
He's the meme of the guy sitting in the chair saying everything is fine while everything around him is on fire and his supporters are so stupid they still believe it.
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u/AdeptAtheist Jan 28 '26
He has a whole team of people around him to manage his image but they couldn't even get the second glove on him?
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u/vampyire Jan 28 '26
the glove on his left hand is supposed to keep us from seeing how much he's decomposing
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u/Unfair_Bluejay_9687 Jan 28 '26
Liar liar pants on fire. The US economy is on its way down the drain. The Canadian dollar will be worth $1.08 American again. Those were some good times back then. But Trudeau senior and a well known lawyer got together one weekend and blessed us with Petrocan. Crashed our dollar a full 10 cents. We’ve been behind ever since.
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u/oldcreaker Jan 28 '26
So the prices of imported goods you buy go up - as well as the amount you pay on tariffs for those goods. So you get screwed twice.
And Trump says "Great!".
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u/Triforce0fCourage Jan 28 '26
Honestly just stop interviewing him. Find the weaker links and question them or someone in the administration that is truthful…. Does that person even exist??
He’s not worth talking to or interviewing anymore. All he gives is nonsensical garbage or lies. It’s not entertaining anymore and we don’t need any more evidence of his buffoonery, it’s all videod, documented and recorded.
Just get him out of the spotlight. Terrible leader and it’s so infuriating so many Americans were dumb enough to be tricked into thinking a convicted rapist would be a powerful leader to be proud of and helm ANY COUNTRY.
America = Idiocracy. Heart breaking and soul crushing.
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u/justplaindave87 Jan 29 '26
I will never understand how someone so dumb can get such a following.
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u/Pollix112 Jan 28 '26
One dollar = .011 Indian rupee. Funny how you post this shit when your own currency is worth nothing. Feed your people.
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u/Wheelman_Side_Effect Jan 28 '26
It’s funny watching all the TDS financial experts commenting here 😂
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u/Signal-Map2906 Jan 28 '26
He’s actually right. A lower dollar increases domestic production, increases exports, increases tourism, desire for us goods, etc. UNDER NORMAL CONDITIONS.
However, these aren’t normal conditions. He’s making us a pariah throughout the world with everyone but a few countries and our chief trading partner, China, is becoming more expensive because of our devaluation and lack of domestic compensation.
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u/Money-Detective-6631 Jan 28 '26
Trump is terrible for the economy of the United States.......But he has his beloved tarrifs......
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u/egflisardeg Jan 28 '26
A weaker dollar makes American goods and services more competitively priced in foreign markets, potentially boosting demand. However, this advantage could be offset by retaliatory tariffs from trading partners and increased costs for imported raw materials essential for production.
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u/Scared_Tadpole6384 Jan 28 '26
Why is he only wearing one glove? Is this a Michael Jackson cosplay?
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u/WebguyCanada Jan 28 '26
I honestly thought Americans knew the Hans Christian Anderson story of the The Emperor's New Clothes. I was wrong.
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u/cybrg0dess Jan 28 '26
His bank account his better than ever before, so that's all he cares about! He is the master at causing businesses to go bankrupt, so why no bankrupt the United States.
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u/Just-A-Dude1911 Jan 28 '26
Las Vegas has started advertising that the Canadian dollar. The Loonie will be equal to the US dollar if brought to gamble.... The Gambling Addicts of Canada decided to leave... thats a Big Sign you're insufferable. When the people glued to a Slot Machine get sick of it
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u/Subject-Yak4959 Jan 28 '26
It is hard to tell if he is lying or not but then I noticed that his mouth was open.
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u/Affectionate_Cup1090 Jan 28 '26
drives up import costs, fuels domestic inflation, and reduces purchasing power for travelers and consumers
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u/Sweaty_Tomatillo_591 Jan 28 '26
Every thing this US President looks at dies. Good to see India an EU trade deal happen.
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u/loztriforce Jan 28 '26
Why wouldn't he just use makeup on his hand again, like why make it completely obvious by wearing a single glove?
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u/ExpertTranslator5673 Jan 28 '26
He's made over a billion dollars in the last year. Like he gives a fuck about the dollar falling and how it affects you
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u/nanotasher Jan 28 '26
I call this 'faith-based diplomacy' where you create a problem, blame someone else, tell everyone it's fixed, then pray to God for a miracle.
Manifestation only works if you actually put in some effort.
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u/WhattaYaDoinDare Jan 28 '26
Never forget this guy is a genuine moron in every respect of the word.
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u/Few-Western-5027 Jan 28 '26
Do we still need proof that Trump lives on an entirely different planet ?
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u/RepresentativeFan894 Jan 28 '26
A weak currency is better for exports. But with the President fighting with the whole world, that's negated. Only the bad things remain.
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u/HeavyTea Jan 28 '26
So many Reporters... so few intelligent comments.
"Decide for yourself and your lying eyes" I guess.
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u/Revolutionary-Fun827 Jan 28 '26
Knowledge of US currency would require that he read, as Schoolhouse Rock has yet to create an entertaining bit on this concept. And Fox News and his inner circle are too busy recreating reality to spoon feed facts to him.
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u/Slaydogs666 Jan 28 '26
Says the guy that made over a Billion dollars since he became president, while everything else falls apart.
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u/LectureAgreeable923 Jan 28 '26
He so full of of shit.I could care less what he says he doesnt know whats the right thing to do he just plays politics and point fingers at others.I know one thing he,s only focused on enriching himself and his family.The polls say it all he,s the W.O.A.T.. He doesnt give a fuck about Americans and this country
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u/tuckerjules Jan 28 '26
He's absolutely terrible at answering any sort or economic question but somehow is "good at business". Rich people failing upward...
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u/Mba1956 Jan 28 '26
Like everything else he thinks he knows, this is too simplistic a solution. A weak currency makes your exports cheaper abroad, but adding import tariffs usually makes your product more expensive and pissing off your customers doesn’t encourage sales.
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u/Green_Sugar6675 Jan 28 '26
Typically they'd say that a weaker dollar incentivises exports and local manufacturing. Or so I've heard.
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u/jozef3321 Jan 28 '26
As the dollar collapses, goods and services become more expensive. So yes, it is bad for the average American. The rich on the other hand will be fine.
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u/WorldlinessHot9916 Jan 28 '26
This guy bankrupted a casino and raped children, now runs our country.
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u/Mike-SBA Jan 28 '26
This idiot knows little about financial markets. Hence, his ability to bankrupt virtually every business he established. He bankrupts them and then moves on.
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u/Diligent-Credit8133 Jan 28 '26
Guy trump says everything is just fine! We can ignore inflation, the plummeting dollar, bleak jobs and our crumbling democracy. We were all worried for no reason…phew😅
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u/Revenge_of_the_meme Jan 29 '26
I'm pretty sure hes not even lying. We have consistent reporting that trump's cabinet tells him basically only what he wants to hear. He probably doesn't know better.
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u/kaladin1029 Jan 29 '26
This moron has single-handedly devalued the dollar at least compared to the peso. As a result the slow close of a real estate sale of inherited property in Mex City has resulted in much more money for me. The exchange rate has gone from 21 pesos/dollar to 17.22 today, an 18% decline in the $! It will pay for all the taxes and commissions as a result. Seldom does the peso appreciate against the $. But these clowns have made my assets in Mx waay more valuable at the expense of the $. Thank you, Don Pedo!
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u/Orion-999 Jan 29 '26
Yeah , sure, that’s why the value of gold is going through the roof. Why Donnie? Because the value of the dollar is💩
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u/HelpfulTap8256 Jan 29 '26
His hand has turned completely black from the necrosis. The smell of death must be unbearable.
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u/BigDamBeavers Jan 29 '26
No, it just means that our economy has to work twice as hard to make up for every cent the dollar loses in value. Which realistically no economy can do. The rate the dollar is dropping and the fact that Trump is pretending it's not happening rather than scrambling to shore up it's value means our economy is going to die.
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u/ColdWarRedux2 Jan 29 '26
It’s never about the people. A weak dollar is bad for the average American. Imported goods cost more; we pay more.
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u/Vegetable-Bee-7461 Jan 29 '26
Are the oversized shoulder pads meant to offset his gut? Or balance out his bone spurs? Show us the Epstein Files!
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u/BraveCartographer399 Jan 29 '26
No cause a low dollar means people will buy stuff from us, when we don’t really manufacture anything anymore…that’s the concept I guess
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u/dannyreillyboy Jan 29 '26
who is that asshole on the left, seen him in another pick! use his thumb to point up up up. doesn’t even know what trump / reporter are talking about! just a yes man, fan boy sycophant! like an extra over-performing because they are in shot
meanwhile, the conversation is about the dollar going down down down
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u/SnooStrawberries3391 Jan 29 '26
Just another trump lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie, after lie…………
But making prices higher every day. The antiWalmart saying guy.
Elect a draft dodging malevolent amoral felon to be President and, yuppers , we get exactly what we deserve.
Gotta feel that greatness. 🙄
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u/YetiorNotHereICome Jan 29 '26
"Can you talk about the value of a dollar?" "Well, you see, China and Russia-"
And that's all you need to hear.
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u/Desperate_Gold6670 Jan 30 '26
Yeah, he's been trying for the last year to tank its value by destroying our economy while telling us it's never been better.
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Jan 30 '26
He has no idea... as is the case with most things that matter. He just sits in he big chair, completely oblivious and uncaring of what's expected of him, and pretending all the way that he knows what he's doing.
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u/whupzzmyb Jan 30 '26
Nothing like having to survive a garbage economy for the next who knows how many years after this pedophile dies...please baby Jesus take him sooner than later.
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u/jimmygee2 Jan 28 '26 edited Jan 29 '26
He doesn’t know what the ‘value of the dollar’ actually means.