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karynnj

(61,025 posts)

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

Reply to kimbutgar (Reply #6)

Mon Apr 20, 2026, 12:02 AM

3 hrs ago

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.

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UAE asks US for a wartime financial lifeline [View all] BumRushDaShow 9 hrs ago OP

Serious happenings. cachukis 8 hrs ago #1

Sorry, it's America First Prairie Gates 8 hrs ago #2

I am sure the Saudi's popsdenver 6 hrs ago #23

Isn't the UAE super rich? I dont know. Srkdqltr 8 hrs ago #3

That was my first thought also reading this post! kimbutgar 8 hrs ago #6

Because a monarchy surely cant be expected to pay for its own citizens if their income stream takes a hit n/t Cheezoholic 8 hrs ago #7

That's easy, BECAUSE Bessent and trump will give them billions, no questions asked vapor2 4 hrs ago #31

It sounds like the lifeline is a currency swap if needed karynnj 3 hrs ago #35

You don't stay rich by spending your own money. Irish_Dem 8 hrs ago #9

Or get rid of the GOP politicians Akakoji 7 hrs ago #13

The GOP crime syndicate does nothing unless it benefits themselves. Irish_Dem 7 hrs ago #15

American taxpayers need to give money to wealthy foreign countries because America First IronLionZion 4 hrs ago #34

My bad... LakeVermilion 8 hrs ago #4

+financial backstop WUT??? lapfog_1 8 hrs ago #5

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

He's out to bankrupt us! Ritabert 8 hrs ago #10

While enriching himself Akakoji 7 hrs ago #14

100% vapor2 4 hrs ago #32

Kickbacks incoming. littlemissmartypants 8 hrs ago #11

"Got ya fam!" EarthFirst 8 hrs ago #12

Sure, their going to need that money to fulfil their partnership with Ellison to purchase Warner Brothers. ToxMarz 7 hrs ago #16

Oh that's nice blue-wave 7 hrs ago #17

Pound sand Blue Dotty 7 hrs ago #18

The UAE can threaten to pull out of the Stargate investment with openAI and other US tech companies fujiyamasan 7 hrs ago #19

UAE could do everyone a solid and get the US military engineers to help them build the Dubai Canal 0rganism 6 hrs ago #20

One of the seven Emirates is Fujairah PhylliPretzel 5 hrs ago #26

Even better then -- a joint engineering/construction effort to increase capacity and diversify contents of this pipeline 0rganism 2 hrs ago #36

Ask for a TRUMP-Coin refund. pfitz59 6 hrs ago #21

This message was self-deleted by its author dalton99a 6 hrs ago #22

Bugger off. SergeStorms 6 hrs ago #24

You are confusing the UAE and the KSA PhylliPretzel 5 hrs ago #28

The magic orb???? rotflmao vapor2 4 hrs ago #33

I'll say it again: expect the ballroom to gain an extra floor newdeal2 5 hrs ago #25

Ask Jarad Turbineguy 5 hrs ago #27

Scusi?? spudspud 5 hrs ago #29

Well, fuck you UAE! greatauntoftriplets 5 hrs ago #30