Quote:
Originally Posted by Zap
That certainly explains why the JPY is doing even worse than the USD.
The Euro has done better against the USD.
Even our Canadian dollar is enjoying 30 year highs against the USD.
...and I'm with you guys on the YHDG/HJGB. HUH?  |
Yeah, currencies of many different countries are at 25-30 years high against USD. Developing countries (China, India) have appreciated 20-25% against USD in the last one year alone.
That is why USA has to stop concentrating on the war, and instead go for innovation, industrialization, attracting and retaining global talent. War itself used to be a way for a country's growth but that era is dead. Now enemy is not across the shore, but next door in most cases. One can never win an enemy living next door.