Seriously. Russia is amazing. Go there now. Perhaps my Russian люблю праздник is only because I came in with lower expectations, but overall it’s been an amazing week here. I wish we had more time. We could have spent a week in Moscow and two in St. Petersburg. Opulence. Russia haz it. Ah, remember this commercial? St. Petersburg is B-E-A-utiful. …
Haha. You have been fooled! That’s right… this isn’t a post on how to find the best airfares. Nor is it a post with tips for budget travel. Nope. My friends, you have been duped into reading a post about currencies. Because it is the strength of the US dollar that has saved us 20% on our trip. <- – …
Moscow, Russia August 7, 2015 So I wasn’t exactly sure what to expect of Moscow. Since we are moving every few days… we do not always have time to research our destination ahead of time. But I think that generally speaking my expectation was for drab, concrete, Soviet-era buildings. Like these: And of course I expected to see Candy Land St. Basil’s …
Kuwait City, Kuwait August 1, 2015 Ok, ok, ok. So I’m way behind on blogging. I’ve now checked off eight countries, but have only posted on two of them. While I do want to take my time with the bigger country and economic profiles, I decided to start a short blog series in the “Dear Diary” style. But, as I’m a …
In Part One , we set up some oversimplified and hypothetical examples to show how China manipulates the exchange rate of its currency, the Chinese Yuan (or “CNY”). <- – – Click this little footnote. To recap, China doesn’t want the Yuan to appreciate because the US and other trade partners wouldn’t be able to afford as many Chinese goods. So China prevents the Yuan …
