6.30.2019

Our currency takes one for the government

In the country we live in, every year a salary revision takes place, no matter how good or bad the companies go, wages are increased each time.

There are various theories about how this is to be financed. One of the theories is that it is our currency, which since 2013 both according to the TCW and the KIX index, which must pay the bill. Our weakened currency causes our exports to go better and the boom continues.

The problem, however, is that this cannot last indefinitely. Because our government can't get the economy together in a boom, it feels unpleasant how it should go because the recession is knocking on the door.

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