Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (56753)	12/2/2004 3:08:33 AM
From: Seeker of Truth	Read Replies (2) of 74559

The article tried to make a sensation by simply looking at one side. Some points: 1. European importers have to be doing well for the same currency reason. The imports include oil as a principal case. 2. Most European trade is intra-European, not involving the US dollar. Europe is not Japan. 3. The example of concert pianos is completely wrong. The Steinway concert grand is THE standard around the world. Nobody else equals it. So what non-European entity would buy a piano for a concert from Europe? Makes no sense. This error on a small point makes one suspicious of the reporter.

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