AUDUSD ? Not So Fun facts
Since 2015.
Every time Oz dollar goes lower there is a country that increase their position in Aussie dollar.
Which country do you think does that ? and why would they do that ??
It's really scary but they are smart as a country.
At the same time; In my opinion it's the same thing as DE dollarizing.
Nmhhh. Finding balance is hard for a country. Investment, Economy, Spending, Currency and livelihood of citizens.
Worst in this capital world; other country is taking advantage in this balancing act.
This capitalist world will not find the balance anymore because it's a race/competition.
We complement each other just because there are a bigger advantage on ourside; sad!
My views is worth 2cents, does not carry any weighting.
You definitely are better than me.
There are many PhDs Thinktanks and top economist to listen to out there.
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