As all of the world’s currencies try to outdo each other on the downside, the dollar may appear to be “better” than the rest. Unfortunately, it is like being on one sinking ship in a whole fleet of sinking ships and being happy because today your ship isn’t sinking quite as fast as the others. The end result for all the ships is exactly the same.
So all the world’s major currencies have stage 4 cancer while the US dollar is at stage 3. Gee, I guess we should all celebrate that we will die a little later than everyone else.
Good post!