He was un-gayed

He has been doing this regularly. Most countries earn their source of foreign currency in Dollars, so even if China is letting exchange rate appreciate, these countries will be strangled and have to pay more to get same goods from China. So, they’ll work harder, try to export more to the U.S.

It’s good that he is talking about capital losses though, with dumping Treasuries or Dollar. So, there’s no dumping, only slowly going off it, even by his logic.

Despite all the claims, I believe most of these countries are buying up gold as a speculative asset, they buy it using Dollars which they earn, with the option of dumping it on others (preferably foreign speculators) for more Dollars. I don’t think there is a very deep market for Gold outside the Dollar one.

It can also be said with more certainty that imports are a benefit if the country has a full employment policy, which the US does not.

It gets treats from China well in excess of what it gives to China and rest of the world, that the US de-industrialized itself in doing so is a political choice.

Without a full employment policy, loss of exports for the exporting country means

1. It will lose employment, capitalists may not invest with lower demand.

2. A balance of payments squeeze (basically the amount of resources a country can command abroad) will occur, since many exporting countries can’t get more than they give.

With a full employment policy, (1) wouldn’t occur, since the state will provide employment and invest as needed. (2) however would be a constraint which is part of the reason why many exporting countries, particularly smaller ones can’t decouple from the US.

For the importing country, imports can displace local production within a market economy. However, it doesn’t mean the state can’t counter it. After all, imports basically mean China is giving the US stuff for free while taking its own electronic entries.

If US wants, it can continue to produce cars, if the quality is as good as Chinese it can set prices to match Chinese ones. If its worse, it can sell the cars at a discount over Chinese ones. The state can set prices this way to keep its industry, the industry may run losses in money terms, but it gives the country self-sufficiency and employment. The US by allowing imports without a full employment policy basically crushed worker bargaining.

your brain is training with new data

I find it funny they are always going for import tariffs as retaliation, i.e. to deprive U.S. capitalists (and lesser extent worker employment) from demand in EU market. Why not deprive Americans of European treats by putting a tax on exports to the U.S.

Of course, the reason is clear, these are capitalist countries where reduction in demand (due to export tariff) results in higher unemployment and more importantly, lower profits for captialists.

they seem to be promoting forex trading which is usually more volatile especially considering massive ridiculous leverage offered by certain platforms like 1000:1.

Gotta love Street View. Coords: 40.728995, -73.994928

2008

Just finished it after seeing your comment lol, pretty fun movie.

https://x.com/SumerianEunuch/status/2011976240211574788

Fork found in kitchen

Other than such crypto tokens, there are HYIPs (basically pyramid/ponzi scheme, pyramid since some have mlm aspect to it).

There are people who buy into many of these at once knowing it’s fraudulent hoping they get to be the winner before the whole thing falls apart. They hope one is enough to make up for losses of others.

It doesn’t work ofc

A very obvious example would be just be that in the 2000s, pension funds, mutual funds etc, created a bubble in commodities (oil, wheat) by purchasing large amounts of it (and its derivatives). Very painful for poorer countries, it wasn’t as bad as it would’ve been since 2000s also saw massive surge of $ abroad in form of foreign investments and demand in the West, so currencies stayed stable/appreciated.

Its best the rich play around with financial claims and electronic entries than real goods. Ofc, its best best if speculation didn’t exist at all.

I don’t have any individual shares anymore, https://etfdb.com/ helped me get started.

Pick broad indices’ etf consistently, like QQQ or SPY. applies best there, and it’s very lazy you don’t have to constantly think about stocks.

While very macroecon focused rather than trading, this book helped me learn a lot of jargon too. Also this blog.. Also this, though mainly India focused, it also deals with economic terminology.

Yep. I mentioned that in the second comment. Leverage etf only works well during continuously. Mine went into negative 10% back in Apr 2025 when Trump did his thing. I would never buy anything other than broad ETFs. America has some crazy ETFs like 3x crypto or 2x amazon leverage.

You can mess around using paper trading

Ok. So, TQQQ is basically the entire US tech sector (ai bubble and all) but it goes up 3 times up or down (roughly, it’s a bit more complicated). Since its an ETF you can’t lose more than you put in unlike other types of leverage. SPXL is the 3 times version of top 500 US corps.

I buy up small amounts every month since it gives variety of prices. You automatically buy up more shares during a downturn and less during a boom (ofc you need a steady income, which can be hard to come by if you are a private sector worker during a recession)

JNK/XCCC the ETF provider buys up a bunch of low credit rating corporate debt. When there is a financial crisis, certain big traders are forced to dump these at a discount (due to company/legal requirements) which makes it sell at a discount of what it should be given actual default rates of underlying debt. Fed especially makes sure that highly rated debt (A’s and B’s) don’t discount too much. XCCC is junkest of the junk so extra risky.

The bad part of such ETFs are that they pay as dividends, and if you are a non-US investor, you end up paying 15-35% to the US depending on country as withholding tax. You may get double taxed which can be a real drag on returns. Some countries allow you to claim withholding to reduce your tax liability. To counter this, you can buy an accumulating ETF which allow you to pay taxes as capital gains in your own country (though there is a 15% drag still, since most of accumulating ETFs are located in Ireland and Ireland has a 15% withholding tax treaty with the U.S.).

PE ratio shows how overpriced shares are given the current level of actual earnings.

Mine was much lazier (trading or ‘investing’ idk). I started buying up TQQQ (3x Leveraged NASDAQ-100) ~$150 a month (to get a wide variety of prices) starting in early 2024. The bubble grew and grew and I made like 50% return. I think with constant trading, it becomes very difficult emotionally, you end up selling stuff at a loss.

I don’t trust 2026 to be good (unemployment going up, weak US economy, bubble not likely giving actual returns, Fed rate cuts) so I sold it and went back to corp/sovereign bonds (existing purchases). Sold at a pretty good price since TQQQ hasn’t recovered from it’s peak. I am still buying SPXL (triple leveraged S&P 500) though (small amounts $60/m) because I do not know when it will bottom out. Is it going to succeed always? Idk, but relying on the US Gov to prop up stock prices as long as the market exists is a strat.

Also put some in junk bond ETFs like JNK & XCC. These ones usually drop hard when there is a run to liquidity, usually more than fair value, esp considering the Fed props up the credit market (Fed in fact bought small amount of JNK during COVID crisis).

Edit: I think the easiest thing you can look at is the PE ratio.