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To: TigerLikesRooster
Word now is that it's not just Greece but Spain,Portugal and Italy as well.Pretty soon imports from Eurozone countries could be a whole lot cheaper here.
11 posted on 02/28/2010 6:26:39 PM PST by Gay State Conservative (Host The Beer Summit-->Win The Nobel Peace Prize!)
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To: Gay State Conservative

And that’s one of the reasons why the Fed might try to meddle in this - to prop up the Euro and keep our trade advantage of a cheap dollar (or expensive Euro, depending on your perspective) in place.

If Euro-zone products become cheap here, our GDP takes a hit.


14 posted on 02/28/2010 6:32:30 PM PST by NVDave
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To: Gay State Conservative

It’s the PIIGS. Portugal, Ireland, Italy, Greece, and Spain.


15 posted on 02/28/2010 6:32:53 PM PST by greeneyes (Moderation in defense of your country is NO virtue. Let Freedom Ring.)
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