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 (46681)	2/25/2004 8:48:19 PM
From: elmatador	Read Replies (1) of 74559

We are almost there Jay. Europeans are about to enter the devaluation competition to give the US purchase power so that their economies can survive. <<Gerhard Schröder, the German chancellor, is to raise the issue of the dollar's weakness against the euro with George W. Bush, US president, on Friday. In a Financial Times interview ahead of his visit to the US, he said the current exchange rate was "not satisfactory". He stopped short of calling for any joint intervention to stabilise the euro-dollar exchange rate but said Europe and the US shared a "common responsibility" for the world economy.>> Japan has been subsidizing the US consumer spending and everyone is happy with it. Message 19848186 Brace for the Europeans to kick start the 'guitar'.

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