Peso hits all time low
It isn't just our poor Lonnie that is suffering. The Peso touched 16.5 on Friday. The Snowbirds who travel to AZ must be worried about the Loonie. It seems to be dropping very quickly. I think it wil...
Forum Discussion
GMandJM wrote:
Including the yuan in the SDR wouldn't be a game changer. I doubt it would receive a significant allocation.
I didn't realize that Japan had a higher debt/GDP ratio than the US. Guess we can put away the giant foam finger and can stop chanting "We'r'e Number One" on that, at least. :)
Well there are 2 schools of thought on this, both lead to the same end, but time frame is the big difference
The alarmist view:
http://thecrux.com/dyncontent/dollar-substitute-july-update/?cid=MKT066428&eid=MKT089353&utm_source=taboola&utm_medium=referral
Conservative view: (about 3.20 in)
https://www.youtube.com/watch?v=cbEaDFaLFyQ
