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The Mystery Chart

by @ 8:20 pm
Filed under: financial,money — Tags: , ,

Quick, when you look at this chart what's the first thought that pops into your head?


Courtesy Wikipedia

A crashing stock? Dwindling numbers of an endangered species? An almost eradicated disease? Whatever it appears as to you, it's pretty sobering and alarming.

Let's not keep you guessing any longer. It's the value of the US dollar versus the Japanese yen for the last 6 decades. To all those who think the news of the dollar's demise is greatly exaggerated, think again. Does this look like a healthy currency to you? Mind you, Japan isn't exactly firing on all cylinders either.

The US deficit and national debt must be addressed soon and hard choices must be made. Enough wait-and-see already.

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