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Версія за 06:31, 26 жовтня 2015

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By 3:15 on Thursday, things were looking pretty sweet, although from there, enthusiasm for maintaining the ramp-job waned and the S&P 500 wound up just one crummy basis point a green and the NASDAQ slipped into the red.

Then a miracle in disguise happened. The Bretton Woods Agreement creased. The Bretton Woods Agreement had kept a man-made peg to the U.S. dollar all close to the globe. Some pegs were strong, some pegs were weak, but at the conclusion of day time they never moved an estimated 1% in any direction. Like today's disadvantage in the Chinese Yuan, the forced peg against the dollar kept a constant controlled flow of You.S. dollars out on the country.





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