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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

**During the 1990s, Florida did experience a significant increase in international tourism, and a **
**weak U.S. dollar played a role in this growth****.

^
You're beyond stupid.

#7 | Posted by snoofy at 2025-07-03 08:10 PM | Reply


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

Does it matter? As a tourist do you look at the strong Euro and wonder is it a target? or is Europe a strong trading partner? Why? Will that interfere with your visit to Disneyland Europe?

Why would it matter as a tourist? You go where you can afford, and if the weak dollar continues purchases and visits to the US will increase.
Lets imagine Snoofy, aka Mr InternationalTourism is $3Trillion dollars, is correct international tourism is shit, then a thinking person would say, hey lets see if we can get a deal to visit Florida?

People travel to all sorts of countries where they have no rights clearly thats not an issue.

#8 | Posted by oneironaut at 2025-07-03 09:05 PM | Reply

- a thinking person

You've been telling us you are a genius since you were 17... in all the time we've known you, we still don't know what you mean.

www.youtube.com

#9 | Posted by Corky at 2025-07-03 09:18 PM | Reply

@#8 ... Does it matter? As a tourist do you look at the strong Euro and wonder is it a target? or is Europe a strong trading partner? Why? Will that interfere with your visit to Disneyland Europe? ...

imo, no, it doesn't really matter regarding tourism.

But maybe, if your current alias to talk about tourism, look at the declining tourism in the US of late ...

U.S Economy Set To Lose $12.5BN In International Traveler Spend this year (May 2025)
wttc.org

... U.S. Stands Alone Among 184 Economies to See Decline

he World Travel & Tourism Council (WTTC), the global body representing the Travel & Tourism private sector, today announced its latest Economic Impact Research which found that the U.S. is on track to lose a staggering $12.5BN in international visitor spending this year.

Notably, international visitor spending to the U.S. is projected to fall to just under $169BN this year, down from $181BN in 2024.

This significant shortfall represents a 22.5% decline compared to the previous peak.

The loss won't be felt by Travel & Tourism alone, with WTTC saying it represents a direct blow to the U.S. economy overall, impacting communities, jobs, and businesses from coast to coast.

According to the study, the U.S, the largest Travel & Tourism sector in the world, is the only country among 184 economies analysed by WTTC and Oxford Economics, forecast to see international visitor spending decline in 2025.

A Global Leader in Reverse

Julia Simpson, WTTC President & CEO, said: "This is a wake-up call for the U.S. government. The world's biggest Travel & Tourism economy is heading in the wrong direction, not because of a lack of demand, but because of a failure to act. While other nations are rolling out the welcome mat, the U.S. government is putting up the closed' sign."

Simpson continues, "Without urgent action to restore international traveller confidence, it could take several years for the U.S. just to return to pre-pandemic levels of international visitor spend, not even the peak from 10 years ago. ...



#10 | Posted by LampLighter at 2025-07-03 09:23 PM | Reply

#3 | Posted by MSgt

Well, the idiots have their talking points. Selling out their country with nary a second thought.

Hey dumbf*&^, why don't you just stop trying to act like you have a clue. You're a f(*&ing stupid pile of s*&^ who brought this on the rest of us. F*&^ off and STFU.

Oh, and what reasonable person is going to be a tourist to a state who is now actively deploying the military against its own people? Nobody. F*&^ing moron.

#11 | Posted by jpw at 2025-07-04 01:15 AM | Reply

#8 | Posted by oneironaut

Another stupid pile of s*&^ chimes in.

People go where they can afford and where they feel safe.

People don't feel safe in the United States anymore and it's reflected in the massive downturn in international travel to the US.

You're another f(*&ing moron who should just STFU.

#12 | Posted by jpw at 2025-07-04 01:19 AM | Reply

Xymox - Imagination (1989)
www.youtube.com

Lyrics excerpt ...

genius.com

...
[Verse 1: Anka Wolbert]
I have come to indecision
Someone is pushing me
All the cities, subways, rivers
No direction left for me

I have lost my way home early
I don't care cause I won't stay there
All I hear is this silent whisper
Will you be here again?

[Chorus: Anka Wolbert]
Imagination takes the shadows away
Every day I've been without you
Imagination keeps the shadows away
Every day I stay without you
Too many times - without you

[Verse 2: Anka Wolbert]
I've seen your eyes in purple
I've seen your eyes in blue
All the flowers, tears and faces
All the days I spent with you

Again and again, Ive been escaping
I've been lost in the dark I fear
Can you hear this silent whisper
Will you be here again?

[Chorus: Anka Wolbert]
Imagination takes the shadows away
Every day I've been without you
Imagination keeps the shadows away
Every day I stay without you
Too many times - without you
...


#13 | Posted by LampLighter at 2025-07-04 01:49 AM | Reply

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