Anon doesn't do finance but "unwinding globalization" sounds like a good thing?
FXHedge @Fxhedgers
Trump is unwinding globalization, returning the dollar to its normal price.
A weak dollar is good for US exports — and gold. But it hits stocks and bonds. And if it goes hard enough it could crash banks like happened in 2023.
Peter St Onge, Ph.D. @profstonge • Apr 15
Tariffs are crashing the dollar as foreigners dump US assets and unwind dollar reserves.
Is Trump doing it on purpose?
Apr 15, 2025 4:46 PM • Apr 15, 2025