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Drudge Retort: The Other Side of the News
Thursday, July 03, 2025

The US dollar is on track for its worst year in modern history and may not be done falling yet. The greenback is down more than 7% this year and Morgan Stanley predicts it could fall another 10%.

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Citi's Sieg sees rich clients pivoting from US to UK
www.investmentnews.com

... The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics. ...


#1 | Posted by LampLighter at 2025-07-03 02:20 PM | Reply

It's the Golden Age....

#2 | Posted by Zed at 2025-07-03 03:03 PM | Reply

Actually a weak dollar is not always a detriment as it allows other countries to purchase more of our products as their money went farther, and also brings in more tourism as the other counties visitors are getting more bang for their buck'. I personally experienced this while working at Bahia Honda State Park in the FL Keys back in the 90s.

**During the 1990s, Florida did experience a significant increase in international tourism, and a **
**weak U.S. dollar played a role in this growth****. **
**Here's why:**
* **Increased purchasing power:**** A weaker dollar means that foreign visitors could get more for their money in Florida.**
* **Theme parks and attractions:**** Places like Orlando were particularly successful in attracting international tourists, who sought out the theme parks and benefited from the favorable exchange rate.**
* **Florida's appeal:**** Even with a weaker dollar, Florida's inherent appeal " warm weather, beaches, and attractions " remained strong, enticing visitors from around the globe. **
**Overall, the combination of a weak U.S. dollar and the strong appeal of Florida as a tourist destination contributed to the rise of international tourism in the state during the 1990s. weak U.S. dollar played a role in this growth**.

#3 | Posted by MSgt at 2025-07-03 05:01 PM | Reply

Actually a weak dollar is not always a detriment as it allows other countries to purchase more of our products as their money went farther, and also brings in more tourism as the other counties visitors are getting more bang for their buck'. I personally experienced this while working at Bahia Honda State Park in the FL Keys back in the 90s.
**During the 1990s, Florida did experience a significant increase in international tourism, and a **
**weak U.S. dollar played a role in this growth****. **
**Here's why:**
* **Increased purchasing power:**** A weaker dollar means that foreign visitors could get more for their money in Florida.**
* **Theme parks and attractions:**** Places like Orlando were particularly successful in attracting international tourists, who sought out the theme parks and benefited from the favorable exchange rate.**
* **Florida's appeal:**** Even with a weaker dollar, Florida's inherent appeal " warm weather, beaches, and attractions " remained strong, enticing visitors from around the globe. **
**Overall, the combination of a weak U.S. dollar and the strong appeal of Florida as a tourist destination contributed to the rise of international tourism in the state during the 1990s. weak U.S. dollar played a role in this growth**.
#3 | Posted by MSgt at 2025-07-03 05:01 PM

With President Trump in office the world is far, far less interested in experiencing Americana, imo.

Does he exude "come hither" vibes to you? Must be his new diaper spray. It's for sale, but I'm not certain how to translate rubles into yuan then into dollars and then into crypto. My checks have still have Darth Vader stamped on them because monetary responsibility cannot risk any lack of faith, no chip, no cap.:]

Hedging your bets that people aren't deterred by the immigration abductions and guns, guns, guns in every racist truck-nut enthusiasts meth lab is weak sauce.

More trade? For what? Spoiled produce? With "tariffs" which are actually trade deficits that already exist and just raising our prices and that makes people spend more, thus more "trade"? WFT is wrong with you!?

The dollar worth less while prices increase is MAGA idiocy.

So, it must be for weapons contracting. THAT should prove lucrative so long as MAGA allows it.

Either way, the exponentially devalued currency can't afford association with America. The dollar may have to expatriate.

#4 | Posted by redlightrobot at 2025-07-03 05:37 PM | Reply

@#3 ... Actually a weak dollar is not always a detriment as it allows other countries to purchase more of our products as their money went farther, and also brings in more tourism as the other counties visitors are getting more bang for their buck'. I personally experienced this while working at Bahia Honda State Park in the FL Keys back in the 90s....

Oh, I agree.

But, for the scenario you propose, the dollar is weakened specifically and intentionally.

Is the weakness of the US Dollar of late specifically targeted?

Or is it due more to the uncertainty of having the US as a reliable trading partner, among other things?


#5 | Posted by LampLighter at 2025-07-03 08:07 PM | Reply

"also brings in more tourism"

That won't be happening when foreigners have no legal rights in the United States.

#6 | Posted by snoofy at 2025-07-03 08:08 PM | Reply

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