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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (7026)6/7/2006 11:04:13 AM
From: Moominoid  Read Replies (1) | Respond to of 217662
 
It's normal that developed world currencies are above purchasing power parity relative to developing world currencies..... OTOH I think we are seeing a much more rapid convergence between some large part of the developing and the developed world... still will take decades to fully play out... for the moment though it is deflationary.