i watched this episode of crosstalk this morning; it talks about currency wars and whether or not the dollar is "a product of the past" as chinese president hu jintao has indicated. SEE FOR YOURSELF. i don't really know what to conclude except for the obvious: everything is terrible. in the meantime, let's all go to hong kong anyway.
FEEL BAD BONUS: because it wouldn't be fair to leave our european friends out from feeling bad about failing currencies! sucks to be you, germany...your back must be getting tired.
on the plus side, a large portion of the world being broke kind of takes the sting out of being broke on an individual level.
*ps if i commit to these 'everything is terrible' posts it will be the easiest thing ever. endless material to work with, especially if you watch international news instead of the american kind.
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