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The History Of Global Crises Through The Eyes Of The US Dollar - One Year Later 

By: capt_nemo in POPE IV | Recommend this post (1)
Fri, 29 Jan 16 11:32 PM | 83 view(s)
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What will they call this "crisis"? Or is it transitory and different this time?

Thanks to BoJ's idiocy, The Dollar is surging once again...


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http://www.zerohedge.com/news/2016-01-29/history-global-crises-through-eyes-us-dollar-one-year-later

It appears "king dollar"'s strength may not represent the "strength of the US economy" after all. As we noted a year ago, a strong dollar may not be the 'unambiguously good' thing so many proclaim it to be. However, with the rest of the world competitively weakening their currencies (in order to 'help' their economies), we hope the chart above will help readers decide which they prefer... a stronger (US multinational-crushing) dollar or a weak (domestic drag) dollar?




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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