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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: philv who wrote (4621)1/8/2004 11:57:24 PM
From: Haim R. Branisteanu  Read Replies (1) of 110194
 
The war as all wars are economics and it is all about JOBS and I think the Europeans mostly the French are destroying their own industry base by not trying to be receptive to the US.

welt.de

Dollarschwäche könnte Mercedes 2005 zu schaffen machen

Detroit - Ein anhaltend schwacher Dollar würde nach Angaben von Daimler-Chrysler-Finanzvorstand Manfred Gentz die Marke Mercedes-Benz im kommenden Jahr massiv belasten. Als Reaktion darauf erwäge der Konzern, mehr in den Vereinigten Staaten zu produzieren.


welt.de

Immer mehr Stimmen hatten die europäischen Währungshüter in den vergangenen Tagen mit Blick auf den Euro-Höhenflug zum Handeln aufgefordert. Bundeswirtschaftsminister Wolfgang Clement (SPD) sprach sich vor der Sitzung für eine Zinssenkung aus. EU-Handelskommissar Pascal Lamy warnte: „Wir nähern uns dem Bereich, wo es ein Problem für die europäische Wettbewerbsfähigkeit sein könnte.“ Die EZB hatte solchem Druck mehrfach widerstanden.

IMHO if not because of the French and their attitude in general we would be in much more harmonious world. Energy prices would be lower and recovery more substantial.

For example if they had allied themselves with us in Iraq ....... Iraq woudl be by now a much peacefull place and some very positive developments could happen including the Arab - ISraeli conflict. Instead almost openly France turns a blind eye on terror financing from EZ funds to "show" they are a power to the US. All this increasing the price of oil.

France is not as dependent on oil imports or natural gas as the US, due to their nuclear reactor based electricity generation. Therefore another tool in their war against the US is holding oil prices up due to covert assistance of the unrest in Iraq,
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