Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (399079)	7/15/2008 6:45:22 PM
From: michael97123	Read Replies (1) of 1578015

For the last month but look at how high the rates in europe are compared to the US. That spread is whats causing the too strong euro. I stopped calling this a weak dollar problem last week. Its now a strong euro problem. To be fair, its really both and too strong a currency is as big a problem for a nation as too weak. Euro tourists overrunning NY and buying up stuff (good for us), american tourists abroad are far less and paying $10 for a coffee (bad for them). Real problem are with our imports (if those prices rise precipitously--so far not so bad) and their exports (going away).

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