Flights are getting cheaper though with fewer and fewer safety regulations in the emerging world.
China is down 7% while India/Brazil/shitholes are down 20%.
So in a way, China has a higher real exchange rate than before.
Why is India collapsing?
Brody Sanchez
Jackson Wilson
Hmm yeah, ok, still there's a trend, and i'm not sure what's causing it
Chase Wright
>Flights are getting cheaper though with fewer and fewer safety regulations in the emerging world.
Not for long
Chase Fisher
Jews?
Evan Moore
Oil prices, low confidence in emerging markets due to Turkey and Argentina, Trump's trade war, and revised interest rates in USA
Isaac Robinson
Intrest rates for india didn't change did they?
Jack Smith
The benchmark rate was increased a few months ago. I don't think there's anything that can be done by the reserve bank to control the slide. The external factors will overwhelm anything it does.
Parker Morgan
Well,We have a prime minister who makes trump look smart.
Caleb Ward
very low IQ post
The US dollar is on an unprecedented rally, it's choking off all currencies in the forex due to strong bets on it. Every single currency is down against the dollar and has been since Trump got elected
It's not the rest of the world is shitty right now, the US economy is just too fucking strong
Carson Baker
India's currency is the worst performing currency in Asia rn.