To: Prodigal Son
I'm not alarmed, but this is worth watching
4 posted on
12/17/2003 2:31:11 AM PST by
SUSSA
To: SUSSA
I'm not saying you're alarmed. You posted the article, your name is on the number one post so you will receive many replies that aren't directed at you personally. I just get tickled to hear everyone freak out over the dollar versus euro but they weren't freaking out when the euro launched at this same relative level. Currency is going to go up and down over time- there isn't too much you can do about it. When the euro hit historic lows, people should have bought a pile of it and should be buying their dollars back right now and making a nice profit.
To: SUSSA
It is of some concern to those American military members stationed in Europe. Fortunately, there are commissaries and post exchanges...
6 posted on
12/17/2003 2:39:46 AM PST by
libtoken
To: SUSSA
Well, my income is all in dollars, but I live on the economy in Europe so I'm getting beat up badly. Its cyclical (I hope) and in any event there's nothing I can do to change it. Even as a free market advocate I realize that markets are sometimes irrational. In this case I think it is simply a matter of "expectations." Its reasonable to assume that the trade deficit is a significant factor, but I think some economists over emphasize this.
9 posted on
12/17/2003 2:42:53 AM PST by
Cap Huff
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