The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
As I've already said, currency traders don't give a hang about the relative valuation of the Real Economy of the country whose currency they are manipulating. There are, however, trans-national companies who do; their purpose of being is to seek out "under-valued" assets and grab 'em on the cheap. This process, confined within the US, is how Warren Buffet took a $3 million textile company and in 45 years turned it into a $372.229 billion conglomerate. At the point everybody goes stampeding out of the Swiss Franc it's going to fall and if it falls low enough¹ it exposes Swiss companies to the predators.
¹ something nobody can predict
She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by Frank Schnittger - May 23 13 comments
by gmoke - May 19 2 comments
by redstar - May 12 18 comments
by redstar - May 14 14 comments
by redstar - May 6 50 comments
by Luis de Sousa - May 1 13 comments
by talos - Apr 29 49 comments
by In Wales - May 3 1 comment
by Frank Schnittger - May 2313 comments
by gmoke - May 192 comments
by redstar - May 1414 comments
by redstar - May 1218 comments
by redstar - May 650 comments
by In Wales - May 31 comment
by Luis de Sousa - May 113 comments
by gmoke - Apr 292 comments
by talos - Apr 2949 comments
by ManfromMiddletown - Apr 245 comments
by afew - Apr 2056 comments