Dollar Daze
Aside from current account balance of payments, which should be where it is due to the fact that we support the worlds economy...
given the following numbers, can anyone explain why the dollar has dropped versus the Euro and Yen? GDP is in TRILLIONS.
Japan: GDP growth 1.3%, GDP 3.4T, unemployment 4.4%, national debt 160% of GDP, budget deficit -8.7% of GDP, current acct balance of payments +2.7%.
Germany: GDP growth 1.5%, GDP 2.1T, unemployment 11.6%, national debt 67% of GDP, budget deficit -3.7% of GDP, current acct balance of payments +1.5%.
France: GDP growth 1.7%, GDP 1.6T, unemployment 10%, national debt 66% of GDP, budget deficit -3.7% of GDP, current acct balance of payments +1.5%.
UK: GDP growth 2.3%, GDP 1.6T, unemployment 5.5%, national debt 40% of GDP, budget deficit -3.23% of GDP, current acct balance of payments -1.9%
EUROZONE: GDP growth 1%, GDP 9.9T, unemployment 8.7%, national debt 55% of GDP, budget deficit 3.5% of GDP, current acct balance of payments ??
USA: GDP growth 3%, GDP 15T, unemployment 4.7%, national debt 64% of GDP, budget deficit -3.7% of GDP, current acct balance of payments -4.5%.
given the following numbers, can anyone explain why the dollar has dropped versus the Euro and Yen? GDP is in TRILLIONS.
Japan: GDP growth 1.3%, GDP 3.4T, unemployment 4.4%, national debt 160% of GDP, budget deficit -8.7% of GDP, current acct balance of payments +2.7%.
Germany: GDP growth 1.5%, GDP 2.1T, unemployment 11.6%, national debt 67% of GDP, budget deficit -3.7% of GDP, current acct balance of payments +1.5%.
France: GDP growth 1.7%, GDP 1.6T, unemployment 10%, national debt 66% of GDP, budget deficit -3.7% of GDP, current acct balance of payments +1.5%.
UK: GDP growth 2.3%, GDP 1.6T, unemployment 5.5%, national debt 40% of GDP, budget deficit -3.23% of GDP, current acct balance of payments -1.9%
EUROZONE: GDP growth 1%, GDP 9.9T, unemployment 8.7%, national debt 55% of GDP, budget deficit 3.5% of GDP, current acct balance of payments ??
USA: GDP growth 3%, GDP 15T, unemployment 4.7%, national debt 64% of GDP, budget deficit -3.7% of GDP, current acct balance of payments -4.5%.
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