Latest Breaking News

karynnj

(61,031 posts)

35. It sounds like the lifeline is a currency swap if needed

Mon Apr 20, 2026, 12:02 AM

Yesterday

Given that the UAE has an oil based economy and at this point can not export oil, think about what they are asking for. An inexpensive currency change. It is not hard to picture that their currency reserves will be greatly reduced and their currency might itself lose value. So, it would be reasonable to require a fair amount extra to swap their currency for ours ... if theirs is likely to decrease in value.

Note their reasoning - Trump caused the problem through an attack on Iran. What is clear with all the damage already inflicted, there are a lot of losers from this idiotic attack.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

42 replies

= new reply since forum marked as read

Highlight:

UAE asks US for a wartime financial lifeline [View all] BumRushDaShow Sunday OP

Serious happenings. cachukis Sunday #1

Sorry, it's America First Prairie Gates Sunday #2

I am sure the Saudi's popsdenver Sunday #23

Isn't the UAE super rich? I dont know. Srkdqltr Sunday #3

That was my first thought also reading this post! kimbutgar Sunday #6

Because a monarchy surely cant be expected to pay for its own citizens if their income stream takes a hit n/t Cheezoholic Sunday #7

That's easy, BECAUSE Bessent and trump will give them billions, no questions asked vapor2 Sunday #31

It sounds like the lifeline is a currency swap if needed karynnj Yesterday #35

The expressed threat is far more important lonely bird 20 hrs ago #37

Very true karynnj 17 hrs ago #41

You don't stay rich by spending your own money. Irish_Dem Sunday #9

Or get rid of the GOP politicians Akakoji Sunday #13

The GOP crime syndicate does nothing unless it benefits themselves. Irish_Dem Sunday #15

American taxpayers need to give money to wealthy foreign countries because America First IronLionZion Sunday #34

My bad... LakeVermilion Sunday #4

+financial backstop WUT??? lapfog_1 Sunday #5

Not sure how many times i have to say this, but here goes bluestarone Sunday #8

He's out to bankrupt us! Ritabert Sunday #10

While enriching himself Akakoji Sunday #14

100% vapor2 Sunday #32

Kickbacks incoming. littlemissmartypants Sunday #11

"Got ya fam!" EarthFirst Sunday #12

Sure, their going to need that money to fulfil their partnership with Ellison to purchase Warner Brothers. ToxMarz Sunday #16

Oh that's nice blue-wave Sunday #17

Pound sand Blue Dotty Sunday #18

The UAE can threaten to pull out of the Stargate investment with openAI and other US tech companies fujiyamasan Sunday #19

UAE could do everyone a solid and get the US military engineers to help them build the Dubai Canal 0rganism Sunday #20

One of the seven Emirates is Fujairah PhylliPretzel Sunday #26

Even better then -- a joint engineering/construction effort to increase capacity and diversify contents of this pipeline 0rganism Yesterday #36

Ask for a TRUMP-Coin refund. pfitz59 Sunday #21

This message was self-deleted by its author dalton99a Sunday #22

Bugger off. SergeStorms Sunday #24

You are confusing the UAE and the KSA PhylliPretzel Sunday #28

The magic orb???? rotflmao vapor2 Sunday #33

You be the judge BumRushDaShow 19 hrs ago #40

I'll say it again: expect the ballroom to gain an extra floor newdeal2 Sunday #25

Ask Jarad Turbineguy Sunday #27

Scusi?? spudspud Sunday #29

Well, fuck you UAE! greatauntoftriplets Sunday #30

the orange pedo says, "the checks in the mail" it should arrive on the 12th of never. nt Javaman 19 hrs ago #38

The stupid Trump admin didn't think through what would happen if the Gulf states economies were shut down by war ChicagoTeamster 19 hrs ago #39

Looking more and more like America is bluestarone 17 hrs ago #42