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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: elmatador who wrote (488)9/14/2017 12:07:13 AM
From: Elroy Jetson  Read Replies (1) of 554
 
A weak Dollar is the classic Republican ploy to boost US exports - the same thing Trump spent his campaign time accusing China of - ironically a year too late and no longer true.

When China joined the IMF they promised to stabilize the value of the Yuan and like many command-economies China's choice of instrument was implementing currency-controls on their own citizens, sparing foreign investors.

As the global economic expansion continues, money will continue flowing back into the riskier emerging markets looking for opportunities . . . until the next sudden downturn when money will flee the emerging markets in panic.

The end of the last US Dollar decline which began when Bush was elected was the top of the Bush real estate bubble in late 2006.

The price of homes went up, while the currency they were priced in went down - then the process reversed. For a person living outside the US Dollar, nothing happened. Like watching a car spinning its wheels in the mud.
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