{"id":513,"date":"2011-06-22T23:03:25","date_gmt":"2011-06-22T21:03:25","guid":{"rendered":"http:\/\/www.calvert.ch\/maurice\/?p=513"},"modified":"2012-08-01T18:58:01","modified_gmt":"2012-08-01T16:58:01","slug":"the-wine-glass-is-leaking","status":"publish","type":"post","link":"https:\/\/www.calvert.ch\/maurice\/2011\/06\/22\/the-wine-glass-is-leaking\/","title":{"rendered":"The wine glass is leaking"},"content":{"rendered":"<p>Just before Christmas 2010 I gave my yearly prediction as to how I saw the forex market evolving.<br \/>\nThose that read it heaped ridicule on me: &#8220;the dollar couldn&#8217;t devalue, it&#8217;s unthinkable, it&#8217;s the world&#8217;s reserve currency, you&#8217;re crazy&#8221;, &#8220;the Euro could never fall like that&#8221;.<\/p>\n<p>Six months down the road, let&#8217;s take a look at how things really turned out.<br \/>\nThe red line (USD) and pink line (EUR) are those I <a href=\"http:\/\/www.calvert.ch\/maurice\/2010\/12\/21\/the-demise-of-the-u-s-dollar-in-a-glass-of-wine\/\">drew last Christmas<\/a>, the green ones are the current situation on the 22nd of June 2011 (1 CHF=0.8360 USD = 1.2030 EUR):<\/p>\n<p><a href=\"http:\/\/www.calvert.ch\/maurice\/files\/2011\/06\/forex1106223.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-524\" title=\"forex110622\" src=\"http:\/\/www.calvert.ch\/maurice\/files\/2011\/06\/forex1106223-1024x695.jpg\" alt=\"\" width=\"695\" height=\"471\" srcset=\"https:\/\/www.calvert.ch\/maurice\/files\/2011\/06\/forex1106223-1024x695.jpg 1024w, https:\/\/www.calvert.ch\/maurice\/files\/2011\/06\/forex1106223-300x203.jpg 300w, https:\/\/www.calvert.ch\/maurice\/files\/2011\/06\/forex1106223.jpg 1099w\" sizes=\"auto, (max-width: 695px) 100vw, 695px\" \/><\/a><\/p>\n<p>The figures speak for themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just before Christmas 2010 I gave my yearly prediction as to how I saw the forex market evolving. Those that read it heaped ridicule on me: &#8220;the dollar couldn&#8217;t devalue, it&#8217;s unthinkable, it&#8217;s the world&#8217;s reserve currency, you&#8217;re crazy&#8221;, &#8220;the <a href='https:\/\/www.calvert.ch\/maurice\/2011\/06\/22\/the-wine-glass-is-leaking\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-513","post","type-post","status-publish","format-standard","hentry","category-finance","category-3-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/posts\/513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/comments?post=513"}],"version-history":[{"count":17,"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/posts\/513\/revisions"}],"predecessor-version":[{"id":595,"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/posts\/513\/revisions\/595"}],"wp:attachment":[{"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/media?parent=513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/categories?post=513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.calvert.ch\/maurice\/wp-json\/wp\/v2\/tags?post=513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}