Quote from: paxmao on August 05, 2022, 12:45:57 AM

Let's see how the USD behaves during next year, but it is very clear that the US economy has come out of the covid with just a bit of a cold meanwhile the EU economy has come out with a full blown flu. The jobs market in the US is extremely strong, and despite a technical recession, there is not a translation into the public confidence... inflation is high because people keep spending like crazyl

I don't see how it is very clear
The US GDP has gone down 1.6 in Q1 and again 0.9 in Q2, EU's GDP has grown by 0.6 and 0.7 in the first part of this year.
If we look at employment the US has a labor force participation rate of 62.1%, below the 63.4% before the Covid disruption, Eu has reached a record of 74.30%, and since it's a record it's obviously above 2019.

So, who has the flu and who has a cold?