Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (26761)	1/3/2003 8:20:23 AM
From: KyrosL	Read Replies (1) of 74559

We had a relative from the Euro-zone visit us during Christmas. She was astounded at the cheap prices for everything from clothes to restaurant meals compared to the Euro zone. The dollar is already pretty undervalued in terms of PPP relative to the Euro. European companies peddling autos, airplanes and cell phones around the globe will have a very hard time.

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