Weakening IDR

[fastpitch17]

Since Biden saw fit to give his son an unconditonal blanket pardon for ANY activities or involvement in any activities for a 10 year period, we are just witnessing the begining of a race to the bottom. And the democrats claim it is the republicans who want to circumvent the law. Pot meet kettle.

I see the beginning of the race to the bottom as started a couple or more decades ago. One can eliminate any previous presidential figure and just look at the Congress and Senate circus that were created many years ago.

 

[Bob]

I see the beginning of the race to the bottom as started a couple or more decades ago. One can eliminate any previous presidential figure and just look at the Congress and Senate circus that were created many years ago.

Reagan. That's when transferring public wealth to donors, and Congressmen being in it mainly for the grift, really started getting out of control.
The Rupiah was 667 to the USD in his first term (trying to keep it on topic).

 

[Helpful Herbert]

Bank Indonesia has just surprisingly cut interest rates, and the rupiah has now weakened again, to 16,350\$. Pretty sure it will continue to weaken. The all time low is 16,564, which was at the beginning of COVID.

 

[Helpful Herbert]

Following Trump's "brave" decision to attack his allies with sanctions, the IDR is weakening again. Now it just reached 16,490. Shouldn't be too long until the all time low is breached.

 

[centurion]

Following Trump's "brave" decision to attack his allies with sanctions, the IDR is weakening again. Now it just reached 16,490. Shouldn't be too long until the all time low is breached.

Indonesia is on the list with highest US trade deficits (16-23 billion), so expected some twisting arms soon.

 

[nd_eric_77]

Indonesia is on the list with highest US trade deficits (16-23 billion), so expected some twisting arms soon.

Hopefully, the US will force Indonesia to lower its tariffs on US products in exchange for the US to lower its tariffs on Indonesian products.

 

[centurion]

Hopefully, the US will force Indonesia to lower its tariffs on US products in exchange for the US to lower its tariffs on Indonesian products.

Indonesia is using tariff and non-tariff barriers quite extensively. Now will be on the other side of the stick for change.

Trump will probably ask to buy more US products to lower the deficit.

 

[Helpful Herbert]

Imagine if Trump tries to force them to open more Starbucks and KFC

 

[fastpitch17]

Hopefully, the US will force Indonesia to lower its tariffs on US products in exchange for the US to lower its tariffs on Indonesian products.

I believe I read that Prabowo is meeting with trump.

 

[Shadrach]

Imagine if Trump tries to force them to open more Starbucks and KFC

From what I've seen, they don't have too. The people here love them already!

 

[Shadrach]

I believe I read that Prabowo is meeting with trump.

Now that would be funny! Maybe give Don-Old some of Obama's favorite Bakso Ayam! And lots of chilies in there, to give him a good case of Bali Belly!