To: Paraclete
actually, that is what Japan needs to do: tax savings, because their citizens don't consume. US citizens dont have that problem. Business investment is the problem here, businesses are not taking advantage of low rates to expand here, they are all figuring out how to pay more $$$s to their executive suites, while sending US jobs to India and China.
The Euro is now exactly where it was when it was floated I believe, it has come full circle.
To: oceanview
Yes and it will go right back to its' weakest point when the most liberal EU contries do what they will have to do.
32 posted on
05/19/2003 5:06:29 PM PDT by
Woodman
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson