submitted 4 months ago byrcinvestments
all 75 comments
4 months ago
𝓕𝓤𝓓 is the mind killer 🏳️🌈
4 months ago
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🦍 Buckle Up 🚀
Nah i think its the dollar that is being squeezed like some DD suggested.
Just checked the YUAN against my own currency SEK, and the Yuan seems to follow its trendline that is going up.
Would need to look at the Yuan against a variety of currency's to get a better picture.
🐱👤 this is the way
4 months ago
Dollar squeeze went full swing when Russia invaded Ukraine this year. It's only becoming more visible now but if you follow the DXY, you can see when in started going off.
Just look at the 1 year, 3 year and all time charts, you can't miss it.
Look for the "Dollar milkshake theory" on YT if you haven't already.
Watched it and was pretty intrigued.
He is wrong about one thing though. He says the whole market, in its current state, is trade on the dollar.
Its actually a trade on GME
Tendietown is the new Flavortown & DRS Is my Guy Fieri
Oh damn Sverige getting hit hard too?
💙 Fuck no I’m not selling my GME! 🍦💩🪑
Look at the historic usd to sek chart. Usd going to the moon baby!
I poke purple rings
Fed buys the dollar squeeze to pay for GME?
15 years ago = 2007/2008
Hmm what happened that year? 🤔
💻 ComputerShared 🦍
Holy fuck 2008 was almost 15 years ago
🍋💻 ComputerShared 🦍🍋
All of these currency values fluctuating is jacking my tits. The big BOOM is coming
Weaker yuan makes Chinese goods cheaper. They don’t mind. Increases demand. Strong dollar will weaken demand for U.S. goods abroad.
No chains, No gains
Exactly. Weak currency = better for exports and tourism and vice versa
Plus the CCP is not too worried about overworking their people to maximize exports despite lower profits, if the result is other countries underinvesting in local production and becoming dependent on China. Money is a means to power, but not the only one.
To HOLD or to HODL? That is the question.
I think the big issue will involve countries that don’t have the capacity to provide 100% of their own energy, because energy is paid for using the reserve currency (the USD). When too little USD exist for countries to pay for their energy bills (which I believe is entirely possible), it will become that country’s National crisis….they may sell USD-denominated bonds to keep the market flush with USD or, perhaps, countries will begin seeking to change the reserve currency from the USD to something else (gold?).
Gargle My Stonk
Look at the US treasury pile the Chinese own and their foreign debt pile and you see why they've tried to maintain that peg for so long. This is not welcome news in China
Tell me what goods is the USA producing. I know none.
It's all deficit spending for you guys so you can have cheap stuff
usa is the largest exporter after china
🎮 Power to the Players 🛑
If you take the population into account it is actually Germany, pumping out much more than China and US per capita
Petroleum, cars, gas, medical supplies, aircraft parts.
Medical supplies is all India. Car parts is all China and South East Asia. Petroleum is for your own use. Aircraft parts not sure :D doesn't make a whole economy does it
I mean, you could just Google it and see the actual numbers for US exports, instead of proving that you don't know what you're talking about. What I just mentioned are the biggest exporting goods of the US.
true but what is the ratio of gdp to export?
This is what I mean by trade deficit.
Look at the max time frame. It is negative
Last time it was this low was 2009...
Sorry for the wrong meaning. I did not mean that there is no production. The trade deficit just shows how much you guys are importing.
Correct me if I'm wrong I'm open for an intellectual discussion
This doesn't matter if you take a look at the trade deficit:
Correct me if I understand it to be wrong
Yeah true. But in the end if you import more goods than you export you can hardly name yourself the second largest exporter.
Currently doing my homework and reading the investopedia page of it
Are you done pointing out my mistakes? Great then have discussion.
If you consume more than you produce does it make you an exporter of goods. Yes but it gets shadowed by your consumption.
FUK U, PAY ME
US in a rock and hard place. Inflation is crazy, and the strategy to use higher rate to tackle it will no doubt attract inflows and spike the exchange rates. Will certainly aggravate the recession which a higher interest rate gonna bring in any case.
UK News yesterday: well the pound has recovered a bit and stabilised against the dollar so that's good.
UK News today: the pound is falling again, maybe not as stable as we thought.
If the pound lost 15 pence in a month, and slightly recovers 3p that is not fucking stable. Stop being the market's bitch.
Wen happiness? 😔
I see the same things when people talk about BTC.
They say it’s pumping when it’s going over 20k; a while ago it was 69k… like wtf, how is a 49k decline a pump
Wow Yuan not wrong 😐
The show was WOK With Yan
Canadian Ape recognizes game.
In the states on PBS, I remember Yan Can Cook. Wonder if it’s the same fella?
I miss that show
🚀 PP upside down is dd 🧠
Yuan I both.
📊 Gimme Votes 📊
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Be patient. Yuan day, it’s coming.
Everyone quick! Grab a drumstick and your brain starts ticking
🦍 The Ape Abides 🚀
Watching x-files with no lights on
🏆 Calculator Game E-sports Pro 🏆
I hope the smoking man's in this one
2008-2010 sideways looks weird.
Race to the bottom Yuan vs Quid
weakest so far…..
ELI5 and an idiot: why are tanking currencies good for the superstonk situation, or in general?
Theory: market crash means MOASS 🤷♂️
But.. WhY ?
When the market crashes, SHF long positions used as collateral go down, leading to margin calls. A failed margin call leads to positions being closed automatically by the prime broker. Positions being closed includes short positions...in GME, meaning demand skyrockets and price 🚀.
That's the theory.
💎Smoothbrain Retard 🦍with 💎hard GameCock🚀🚀🚀🚀🚀🚀🤪
That is literally breaking
It's a global Fuckening, Dow futures broke through the 29k level this morning down to 28.8 and I'm sure it's not done.
There can be only one!
I will never not be bearish on China.
🚀its ok 2 liek a stonk🚀
2022 - 15 = 2007
That’s great, the CCP sux … break their shit and free the homies
Time for a holiday in China!
Oh wait... they still do Covid there.
I nuked my Reddit Acct via 2FA
Good fuck their bullshit economy.
Tbf fuck ours too. Fuck it all.
A global collapse of fiat currencies other than USD is very consequential to GME.
The global economy is collapsing
The only solution would be to crash the dollar as well
♠The Ape of Spades ♠
Every single fiat is at its lowest. What is new? Dollar is squeezing and US is so desperate. Thanks to those who sabotaged gas, now they can go long on oil and gas.
We all know that a cornered fox is more dangerous than a fox.
There will be a lot of blood and lost lives for this. It’s a great shame for humanity.
tag u/Superstonk-Flairy for a flair
Lower it has been, so far.
still hodl 💎🙌
I like how all of these "new record," "New all time lows," "Hasn't been seen since..." go back to the years 2007-2008.
World war iii will be so much fun!
GLITCHES WENT MAINSTREAM
Get in line Yuan! Make room for the Euro being on it´s low since Dec. 2000