The Collapse of Dollar | Drudge Retort

Friday, April 11, 2025

The mighty dollar, ordinarily a safe haven during times of market-based stress, is falling apart, and its ongoing year-to-date slide is pointing to a much bigger problem for all U.S. assets.

Posted by madbomber at 05:33 PM | 27 COMMENTS | permalink

Every damned word of this 4-graf brief, except "By WSJ Staff," should scare the bejeesus out of you this morning. www.wsj.com/livecoverage ...

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-- Bill Grueskin (@bgrueskin.bsky.social) April 9, 2025 at 6:58 AM

Comments

Thanks Trump!

#1 | Posted by a_monson at 2025-04-11 03:07 PM

So what would a russian puppet be doing differently from what trump is doing right now?

#2 | Posted by SpeakSoftly at 2025-04-11 07:27 PM

Vlad has certainly got his money's worth with the Lyin' King; no one is talking about Ukraine, the Western Alliance is in tatters, the US economy is broken, the World Hates US... and he's killed more of his internal competition than one can properly count.

Not bad for the measly investment of being Trump's Bank.

#3 | Posted by Corky at 2025-04-11 08:56 PM

Just showing up to remind everyone I predicted this was the ultimate goal of the Trump administration.

It's Putin's payback on America and western liberalism.

#4 | Posted by ClownShack at 2025-04-11 09:22 PM

That 'collapse' is only temporary, just wait and see.

#5 | Posted by MSgt at 2025-04-12 12:50 AM

---- off, idiot.

#6 | Posted by LegallyYourDead at 2025-04-12 02:11 AM

That 'collapse' is only temporary, just wait and see.

#5 | Posted by MSgt

F*&^ off and die you stupid piece of s*&^.

No, it's not, idiot.

And we don't have the luxury of waiting until your room temp IQ dumba&& figures it out.

#7 | Posted by jpw at 2025-04-12 03:40 AM

"That 'collapse' is only temporary, just wait and see."

Objectively, can you walk me through your logic on how this is only temporary? The value of the dollar relative to the Euro has declined by $.10 in the last month. I don't think this has ever happened before.

For it to only be temporary, foreign markets would at some point need to start buying US exports. Currently, there is nothing to suggest they will. In fact, it's entirely likely that the rest of the world just says "screw it," and decides to create a new economic paradigm that excludes the US...and the dollar.

Stability is a big part of why many countries tied their national currency to the US dollar. So long as Trump is president, that stability is gone.

You were in the military. You understand that leaders come in with immediate credibility, but if they do something to lose that credibility, it's typically gone forever. Trump has lost his credibility with the global community. And really, much of the United States as well.

#8 | Posted by madbomber at 2025-04-12 05:15 AM

That 'collapse' is only temporary, just wait and see. And if it isn't, we'll blame Biden

MAGAsgt

#9 | Posted by zarnon at 2025-04-12 05:25 AM

It's unfortunate how blind republicans are to the damage Trump is doing to America.

#10 | Posted by ClownShack at 2025-04-12 11:32 AM

"That 'collapse' is only temporary, just wait and see."

Congrats maroons. Trumpy's "pause" seems to have restored the markets almost back to where it was just before he broke it 10 days ago.

The dog ate its own vomit and now is wagging its tail and is very pleased with itself.

#11 | Posted by donnerboy at 2025-04-12 12:20 PM

"Congrats maroons. Trumpy's "pause" seems to have restored the markets almost back to where it was just before he broke it 10 days ago."

Nope. They're still garbage. And I don't know why they would come back up.

#12 | Posted by madbomber at 2025-04-12 02:29 PM

Nope. They're still garbage. And I don't know why they would come back up.

#12 | POSTED BY MADBOMBER

Pretty sure I said almost.

Of course they will recover.. and we don't need to know how or why ... because ONLY THE WEAK WILL FAIL.

Ours is not to reason why ... ours is just to eliminate DEI!

#13 | Posted by donnerboy at 2025-04-12 02:37 PM

I quite agree with MadBomber.

Our allies don't want to abandon us. So far they haven't made too much noise when their own nationals are sent to camps for a few
weeks before being deported.

Trump's antics with trade are not worth it. They will pivot, because it will cost less to pivot. But also because Chile isn't suddenly going to slap a 10% tariff on all products from the EU for no other reason than their leader is mad.

As we stop being the "global force for good" you hear in those ads on the TV for the Marines, and I don't mean humanitarian efforts or toppling governments, I mean facilitating global commerce, and leading the world in government spending for science and medicine, the good people in this world and the crummy ones too will figure out a global system of their own and it won't include us.

I think that Trump thinks that the Untied State should be more like North Korea. I think he wants us to embrace their principle of Juche, roughly translated as Self-Reliance. They choose to be a pariah state, but to them it's the opposite, they are merely keeping their country free of all the filthy disease ridden immigrants.

#14 | Posted by snoofy at 2025-04-12 03:41 PM

#13: "In his first televised interview since Donald Trumpf took office, the head of Germany's foreign intelligence service told DW that EU intelligence agencies are working together to support Ukraine. D/BND Bruno Kahl said he was optimistic that the US would "soon be at our side again." www.dw.com

Herr Kahl may have been saying this for public consumption to keep people calm or he thinks the Trumpf junta is an anomaly that we all must suffer through for four years until the status quo has returned. In the meantime, Ukrainians and Palestinians will continue to be killed while American civil liberties erode along with their retirement plans and quality of life.

#15 | Posted by C0RI0LANUS at 2025-04-12 04:00 PM

Temporary as no other currency out there will replace it.

#16 | Posted by MSgt at 2025-04-13 03:49 PM

Why did the dollar crash in 1985?
The 1985 Plaza Accord depreciated the U.S. dollar in order to reduce U.S. trade deficits, primarily with Germany and Japan, and make its exports more competitive.

#17 | Posted by MSgt at 2025-04-13 03:51 PM

Exports won't be more competitive when there is a tariff on imports because of Trump.

How do you not understand these simple facts?

#18 | Posted by snoofy at 2025-04-13 03:56 PM

Hey Dummy,

Do we do an Operation Warp Speed for metformin, or what?

How much is that gonna cost taxpayers?

#19 | Posted by snoofy at 2025-04-13 03:57 PM

Temporary as no other currency out there will replace it.
#16 | Posted by MSgt

You are truly an idiot.

Markets can stay irrational longer than you can stay solvent.

Presidents can stay irrational longer than nations can stay solvent.

#20 | Posted by snoofy at 2025-04-13 03:59 PM

Exports won't be more competitive when there is a tariff on imports because of Trump.
- snoofy

On the bright side, 1 of every 3 dollars is spent within the US.

I don't know one major domestic company that exports other than Boeing which you have denigrated in the past.

There may be more, but there's a reason there's a such a large trade deficit.

#21 | Posted by oneironaut at 2025-04-13 04:32 PM

Regardless of tariffs everything imported will cost more.

#22 | Posted by oneironaut at 2025-04-13 04:34 PM

Stability is a big part of why many countries tied their national currency to the US dollar. So long as Trump is president, that stability is gone.
- madbomber

The nation has been unstable since 2008 economic collapse.
Bush, Obama, Biden and Trump have made the US an unstable trade partner.

You're only now seeing the fruits of their efforts

#23 | Posted by oneironaut at 2025-04-13 04:37 PM

#23

Number Two Son awful liar... need Emergency Lessons from Trump!

#24 | Posted by Corky at 2025-04-13 04:42 PM

The dollar CAN be replaced as the primary international currency. Claiming that could never happen is naive and shortsighted. Economically we are playing with fire with these tariffs.

#25 | Posted by moder8 at 2025-04-13 05:06 PM

#25 not before everyone unloads them.

Temporary as no other currency out there will replace it.
#16 | Posted by MSgt

So this is transitory?

That's something snoofy can agree with, it's all transitory.

#26 | Posted by oneironaut at 2025-04-13 05:56 PM

"The nation has been unstable since 2008 economic collapse."

That's only when Republicans have been in office.

Don't believe me? Look at the economy Clinton handed off to Dubya. Next, look at the dumpster fire Dubya left Obama.

Then, the economy Obama left Trump. Compare that to the Covid-sapped economy Trump handed off to Biden.

Contrast that with what Biden handed off to Trump ("envy of the world")

Now look at what Trump's done to it.