The Mercantiles Model Is a Big Part of Our Economy.

The dollar from the seventies through this latest decade was something of the anti petro currency, right? Sod crude prices would go up a lot, and the ken dollar would go up and us. Dollar would go down. But somewhere along the way, we had the shale revolution, ind the us started running energy trade surpluses. So that created a huge problem for the europeans because of their energy deficits. And so th the s b is now in a spot where they can't let the uro sink. i think we hit a real inflection point where they realized that just relying on a weak ura to try and solve their problems is actually making their problems worse