• dhork@lemmy.world
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    23 hours ago

    That assumes the dollar doesn’t take a permanent tumble. If the world decides the US is too volatile and starts using the Euro as their reserve currency, we may find the US market never actually recovers, since so much of the value of our companies are tied in with their leadership abroad

    Remember, past performance is not an indicator of future results. Just because every past downturn ended and pushed US stocks higher at some point, doesn’t mean it will always happen, particularly as we piss off our closest allies.

    • refutablewife@reddthat.com
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      22 hours ago

      But if we could find a way to crush the euro, maybe by making them pay for their own war in Ukraine and by making them buy weapons packages from us using only dollars, we can keep the dollar propped up long enough to redraw borders and strip enough copper and regulation out of the walls that foreign investment in the form of building new factories in the usa begins to look like an attractive investment, especially when paired with a populace primed by de-funded schools to be well suited for such jobs…