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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: GraceZ who wrote (37279)11/14/2000 1:16:42 PM
From: LLCF  Read Replies (1) of 436258
 
<Countries are clinging to industrial age economic principles and the companies will fail because they fail to grasp economic truth>

IMO the differential between the U.S. and others is NARROWING in this regard not getting wider.

I think the weakness in the Euro in particular is short term flows into dollars on a global basis which are unsustainable based on asset values. I don't see the continued decay in the Euro's value for reasons implied by the above.

BWTFDIK

DAK
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