[EagleUSA]

Let the EU eat...uh....Airbuses.

[Myrddin]

It's no big deal. I'm just not taking any European vacations or buying any of their goods. What's the problem?

[Don Corleone]

Water seeking its own level!

[Doc91678]

Since we keep getting bashed by the Euro’s, perhaps it is a good thing that the costs have gone up.
We don’t really have to by their autos, their wine, and many of the items they tout as being the best. We’ll just buy American and let them import our our items.
The Japanese have done this for many years. They jus love it when their Yen is at 125Y to the dollar. Did you see how their market dropped and they scrambled at 104Y to the dollar?

[montag813]

The rising euro makes German cars and French champagne and other European Union exports increasingly expensive

But it makes Manhattan real estate very cheap for them, and they are snatching it up big time, leading to the highest prices ever last quarter, as the rest of the nation slumped.

[NoLibZone]

“Finance ministers from euro nations said Monday they were “concerned” about the strength of their currency as it hit an all-time high against the U.S. dollar.”

Why we don’t mind. The a weak dollar is good theory is bye bye.

Would they like to start making our Navy’s ships as well?

Contact Northrup-Grumman and a desperate Gov.

[PugetSoundSoldier]

Fundamentally, the US economy is in much better shape than the EU; I still believe the dollar/EU imbalance is being purposefully manipulated to collapse the EU.

Note that we get most of our raw imports from Asia or Canada, both of whom have seen a ~10% to 15% “increase” over the last two years, relative to the dollar. Yet we’ve collapsed by 50% relative to the Euro, our biggest export market...

So our prices of production haven’t really increased, but the cost of our products have dropped in the EU. This puts a tremendous strain on their exports - Germany. In fact, German exports are contracting at a huge rate because they are so expensive! And that smacks the EU HARD.

I give it a few more years before Germany or the Netherlands pulls out of the EU, in terms of the Euro. And after that, it all collapses, leaving the US once again as the pre-eminent economic force in the world.

Heck, Belgium STILL doesn’t have a government after a year... The old factions within Europe are rising again, nationalism is coming back, and you’ll see increased resistance and desire to break out from the EU. Especially when the Euro is killing their economies...