[nathanbedford]

I can scarcely credit this article. But, if it is true, look out below for the Euro.

As an example of how significant this could be, I have instantly cancelled tentative plans to buy a house here in Germany. Why not wait for a twenty percent discount?

Can't wait to tell my German friends how I told them so: You can't trust the French. (Gee, that sounds racist to me.)

[Timesink]

I can scarcely credit this article. But, if it is true, look out below for the Euro.

The euro's already been trending downward against the dollar for about four months now. Should be interesting to see what happens next week.