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Strategies & Market Trends : The coming US dollar crisis
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To: RockyBalboa who wrote (1748)10/27/2007 9:06:44 AM
From: dybdahl  Read Replies (1) of 71459
 
I'm not an economist, but to me it seems that the Euro zone was about to raise interest rates significantly over some years, and because of the weakening dollar, this has now been delayed. So basically, it works like if the Euro zone lowered the interest rates.

The Euro zone is a bit complicated, because even though it's one big zone, there are language barriers, different economic structures and even trade zones. For instance, Denmark has record low inflation, a booming economy and labor shortage. We need doctors, but we cannot just hire doctors from 250 miles away, since they don't know our language and therefore cannot use our health care IT systems and cannot talk to the patients. our main problem right now is to avoid overheating. Other countries have other kinds of problems.
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