If i didnt leave america when i did I would have never understood the global trading system or currencies.
You benefit from my knowledge as I share what I have learned.
This is more of that.
This is a currency thread.
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Globalization has been a disaster for the american worker.
Globalization has ONLY been enabled thru currency manipulation by US trading parterners to create an inequitable trading balance, which puts massive downward pressure on US wages and jobs.federalreserve.gov/boarddocs/spee…
Yes, your shoes and clothes cost a little less - but the people in US who used to produce those products are now "public charges" and a burden on the American social system.
Not everyone can "learn to code" or be doctors or engineers.
Many honest folks just want to clock in, make money, and go home.
So i was thinking - "man, the euro sure did change in value quite rapidly. EU cant afford to buy back that debt like that....this was an external state actor....
I wonder who that could be?"
To explain, if you earn USD and you live in EU?
Life right now sucks.
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if you are a europee and you wanna go vacation?
The world is your oyster....especially asia.
You can buy a LOT in asia.
Currencies are pairs, or ratios.
2nd chart EURVND is inverted - again proving my oint, currencies are pairs.
You get nearly 30000 vnd for 1 of your europees.
But i wonder "who the fuck dumped EUR debt to do this". Either the ECB bought back debt (they cant) or someone international said "Fuck this im out"
Something happened March 4th that spooked the EU bond market.
Stay with me - you will like this, but its complex....
Genomics is the study of DNA, and the RELATIONSHIPS (pay attn to that) of those genes and how they interact with each other.
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DNA is like the instruction manual for building that castle. It tells your body how to grow and what it should look like. It's like a super long, twisty ladder inside tiny parts of you called cells.
Genes are like the special LEGO bricks in the instruction manual. Each gene has instructions for a specific part of you, like your eye color or how tall you might grow.