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euro up against the dollar: Europe has a problem (as in: it will suffer)
euro down against the dollar: Europe has a problem (as in: it is weak)

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Sep 22nd, 2008 at 01:53:59 PM EST
[ Parent ]
To be honest, perhaps 15 years ago there might have been some sense to that. However, it points to the unimaginative and blinkered view of commentators that they haven't yet noticed that, in a world of considerable non-american economic powers, the USA is not the only market for european hi-tech goods.

After all, the I-35 bridge has always stood, so it always will. The USA is the only serious economic force in the world, so it always will be.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Sep 22nd, 2008 at 03:46:20 PM EST
[ Parent ]

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