POst Crisis: a new bretton wod , a new order ?

POst Crisis: a new bretton wod , a new order ?

the suspicion is that usd will depreciate and asian countries will follow. focus in terms of action should be switched from europe to us where growth should be revived . so far depreciation is the best way out of any deficit and given the chinese economy the bet is that inflation will be kept at bay. depreciation is a liquidity measure making us goods cheaper , increasing therefore the economic growth and keeping the slowdown of the us consumption under the carpet .

usd continues depreciation. dow jones well supported . european markets tither. focus should move to indonesia and continue on brasil. holderbank, mechel , petrobaras, eads are worth to be accumulated

eur strength

what if eur weakens? france would not be a loser since its resort would allow it to have a STABLE HARD CURRENCY INFLOW through tourism while being more competitive in weak industries . Germany is not in the same position given its industry exporting state of the art products with an inherent technological advantage that make the demand inelastic but a strong eur necssary to stop any resurgence of increases in workers salary , ie inflation.

eur strength , a reason to stop structural reforms and make the region weaker ? given the usd weakness and all the asian currencies pegged to it , the question is whether Europe is not being penalized by profiting of a strong currency and stopping any structural reforms to cut its costs