Post by robbierobnj on Jun 20, 2020 10:30:33 GMT -5
Hey James, this for you Pal and the rest of the peso will strengthen crew. www.forbes.com/sites/stevehanke/2019/08/11/its-time-for-colombia-to-dump-the-peso/#4467556b3ea6 enjoy the read. Just so you know if the dollar weakens it doesn't mean the peso will strengthen! Many believe Colombia feels a weak peso is good for exports Coffee Flowers Bananas etc. I'm sure you guys know all of this especially the crew who thinks oil is the end all. anyway off to the beach its beautiful here in New Jersey
Why would you assume a dollar crash would help the peso? The dollar crash could hurt many countries. Weakness in the US economy would destroy most economies in the world. Also you have Colombia who feels a weak peso benefits there exports. So I wouldn’t assume weakness in the dollar will help. I also wouldn’t assume the us dólar will crash
The day I take advice from Billy Bad ass and the rest of the grumpy old man crew on this forum is the day I will head for a Bridge and jump.
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