2021-11-30

Long the Dollar, Short the Euro and Yen

Here's the chart of the yen and crude oil I posted earlier. Simple argument: Japan's balance of trade weakens under inflation.
The core of the Eurozone is Germany. That country is trashing its energy market which will ultimately drive up demand for imported replacement energy.

Watts Up With That: “Slow Disaster Playing Out” As Germany Moves To Shut Down 8.5 GW Of Baseload Nuclear Capacity

Insanity.

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