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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (80598)5/11/2000 9:57:00 PM
From: robnhood  Read Replies (2) | Respond to of 132070
 
That's not what I read.. Their economy is doing pretty good..

prudentbear.com



To: BGR who wrote (80598)5/11/2000 10:11:00 PM
From: Don Lloyd  Read Replies (1) | Respond to of 132070
 
BGR -

[...The EU needs to lower interest rates, not raise them. I have been saying this in this thread about a year now, all the while EU interest rates went up, the economy never really grew, and the currency plunged...]

Interest rates have little to do with the fate of the Euro.

What little growth is possible in the majority of socialist Europe relies on an ever decreasing Euro to prop up export markets.

Central bank intervention, or its threat, can provide short term support, but the first question is whether the Euro will ever reach actual currency status with all its current member states.

Regards, Don



To: BGR who wrote (80598)5/12/2000 10:09:00 AM
From: Freedom Fighter  Read Replies (2) | Respond to of 132070
 
BGR,

We've had this conversation before, but more than economic growth is involved in currencies. The Euro has been weak against the Yen also and the European economy is outperforming Japan by a mile.

Wayne


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