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Thanks for this Migs.

One point, among others, which jumped out at me was his stressing that Europe was at a technical disadvantage.  That doesn't seem to jibe with industrial facts on the ground.  I wish I could better understand what he's implying here.

I would think that germany's export lead qualifies as technical advantage, and i believe the Euro's strength rests partly on an advanced industrial base.

"Life shrinks or expands in proportion to one's courage." - Ana´s Nin

by Crazy Horse on Sat Jun 28th, 2008 at 08:43:24 AM EST
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