Money is leaving the US
From 'buy America' to 'bye America', Wall Street exodus gathers pace
https://www.reuters.com/business/buy-america-bye-america-wall-street-exodus-gathers-pace-2026-02-20/
https://www.reuters.com/business/buy-america-bye-america-wall-street-exodus-gathers-pace-2026-02-20/
Money is leaving the US
6 Comments
SinningStromgald@lemmy.world · 41 pts · 193d
Even as an American I am happy to see this.
it_depends_man@lemmy.world · 38 pts · 193d
That's some very good, factual, number based information.
Someone in the journalism space actually did their job for once.
One thing that's a bit below the lines is:
But Dollar to Euro has actually weakened by 11% last year. Dollar to renminbi has weakened by 5%. So a good chunk of that "price surge in dollar" is just due the currency evaluation changing.
The rest is as "it's all over, panic sell everything now" as the factual part of the news will get
16 years ago was the end of 2009, early 2010, after the real estate crash. We didn't have an official crash yet and people are moving that fast.
Pretty interesting stuff.
Vittelius@feddit.org · 2 pts · 193d
Opens new tab?
it_depends_man@lemmy.world · 2 pts · 193d
Oh, funny, that's how the external link buttons got converted into text, let me fix that.
FlexibleToast@lemmy.world · 30 pts · 193d
Because the stooges behind "America First" can't think about the second and third order effects. If you become a crappy trade partner, you'll lose customers.
D_C@sh.itjust.works · 6 pts · 192d
Maybe they are afraid that a certain orange child rapist will just steal that money and hide it in an offshore account?
But that wouldn't happen, would it? Nooooo, there's no chance that such an obvious and blatant crime would ever be allowed to just happen with zero accountability. Could it? Noooo...but then again? Nooo.