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To: Toddsterpatriot

You haven’t answered my question. What was the lowest value of the euro compared to the dollar during that time? That is the world financial institutions speaking. Macro economics at play. Some one sees a problem with the US economy in the long term.
I’m not arguing that a short term deficit is going to crash our economy. Its the underlying problems that are going to determine our longterm down fall.


38 posted on 08/17/2007 6:47:26 AM PDT by WILLIALAL
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To: WILLIALAL
You haven’t answered my question. What was the lowest value of the euro compared to the dollar during that time?

Why does it matter? Did the drop in the Euro ruin their economies?

I’m not arguing that a short term deficit is going to crash our economy.

No, you said it would cause inflation. You just haven't explained how.

41 posted on 08/17/2007 6:51:25 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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