U.S. & China relations | Trappin Tuesday's Clips (Wallstreet Trapper)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 24 September 2022
⏱️ 10 minutes
🧾️ Download transcript
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| 0:00.0 | And the All right, man, so listen, let's talk about this man, how China's fall affects America. |
| 0:20.0 | So first of all, let's talk about this right quick. The Chinese wine is down 9.5% compared to the US dollar. |
| 0:28.0 | Now the US dollar is strengthening. Now here's the thing y'all, y US dollar strengthens it actually is a punch in a face |
| 0:37.9 | to all the other currencies. Why? Because the United States saying yo we're not |
| 0:41.6 | praying money we tighten it we it, we're trying to get |
| 0:44.3 | some of that money off the block. |
| 0:45.5 | So what that does is, so listen, it makes other dollars, if they don't tighten, it makes it shrink |
| 0:50.9 | to them, right? |
| 0:51.9 | It makes their dollar get weaker a strong |
| 0:53.5 | American dollar is not with everybody else wants I'm not gonna lie that's why we |
| 0:57.5 | talked about the dollar index last week I need you go back to last week |
| 1:02.0 | episode to see how we broke down a dollar index. |
| 1:05.0 | I mean really taking you out on a journey. |
| 1:06.7 | I don't know if y'all be coming with me, man. |
| 1:09.4 | I'll be taking, if you be coming with me, say I'm coming with you trapping a check. If you be coming with me, say I'm kind of with your trap in a check. |
| 1:13.0 | If you be coming with me, I don't want to say that like that. |
| 1:17.0 | I don't want to say that like that. |
| 1:19.0 | I don't want to say that like that. |
| 1:22.0 | I don't want to say that like that. |
| 1:23.0 | Because people in New York be tripping, he'd be like, |
| 1:26.0 | pause, no home or trap. |
| 1:28.0 | If you are on a journey with me, |
... |
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