Hi Elmat, <<strong ... Euro>> It looks like many continental Europeans will be able to enjoy the fruits of their savings after a long dry spell, perhaps buy Argentina:0) I would imagine most of them never directly experienced losses on the equity market, and will not likely suffer any housing implosion.
Of course, they are socialist, and as such, will have plenty to suffer for in due time. Right now, the grinding of fiat currency against dictate cash is going their way.
Of course, the US media is naturally reporting the impending doom of Europe due to strong Euro:0)
It is so obvious, a strong USD is good for the US, a weak USD is better for the US, and on the same planet, a weak Euro indicates Europe is not desirable, and a strong Euro indicates impending doom of Europe;0)
Chugs, Jay |