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
Skepticism is the first step on the road to truth. -- Denis Diderot
by ManfromMiddletown - Oct 20 45 comments
by gmoke - Oct 7 3 comments
by ARGeezer - Oct 7 60 comments
by Frank Schnittger - Sep 29 19 comments
by DoDo - Oct 3 10 comments
by Crazy Horse - Sep 29 25 comments
by ManfromMiddletown - Oct 2045 comments
by gmoke - Oct 73 comments
by ARGeezer - Oct 760 comments
by DoDo - Oct 310 comments
by Crazy Horse - Sep 2925 comments
by Frank Schnittger - Sep 2919 comments
by Frank Schnittger - Sep 274 comments
by Cyrille - Sep 24136 comments