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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: Maurice Winn who wrote (115427)1/9/2016 1:56:23 AM
From: elmatador1 Recommendation

Recommended By
bart13

   of 217815
 
Watching the Great Unwinding. How easy it was cut a back room deal and redirect the world economy in a Louvre or Plazza Accord.

The 1985 Plaza Accord or Plaza Agreement was an agreement between the governments of France, West Germany, Japan, the United States, and the United Kingdom, to depreciate the U.S. dollar in relation to the Japanese yen and German Deutsche Mark by intervening in currency markets.

Not anymore!

The Louvre Accord was an agreement, signed on February 22, 1987 in Paris, that aimed to stabilize the international currency markets and halt the continued decline of the US Dollar caused by the Plaza Accord. [1] The agreement was signed by France, West Germany, Japan, Canada, the United States and the United Kingdom. [1] Italy was an invited member who declined to finalize the agreement. [1]

Gone are these days amigo!

How easy it was to fly in a Kissinger and resolve in a cozy atmosphere an international tension.
Not anymore.

Welcome to multipolarity!

And the unwinding keeps, well, unwinding.
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