- That’s correct.
It looks like the strong Euro is no problem to anyone.
Economic growth is finally reaching decent levels in the ‘Euro zone’, therefore the strength of the Euro is hardly a problem to the European economy.
Like you said above, the US export industry profits from the present currency exchange rates and the US economy still looks very strong, therefore it’s no problem to the US neither.
I’d say the world economy at large is in a very healthy state today. Americans and Europeans are richer than ever, Asia is making a lot of progress and even in Africa economic growth is strong.
The basic explanation to this progress:
Capitalism.
Greetings from Europe!
Well, it’s a problem when I’m in Europe spending dollars. But c’est la vie.