Saturday, October 26, 2013

Guest Post: A Tale of Two Charts: Are We 2007 America Or 2006 Zimbabwe?

Hoosier's note: The USD has weakened against the AUD, EUR, and the GBP in recent weeks (but relatively stable against JPY) and I find it quite odd.

Is there more (USD debasement) to come? I am not sure.

But, long-term, I believe the US of A has lost its credibility as a Financial Powerhouse of the World.