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To: smolejv@gmx.net who wrote (8682)	9/23/2000 9:32:24 PM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

that's right, even at 3 DEM : USD... ...EuroLand is still ridiculously overpriced. I mean, ~$10 bucks for a BigMac, fries and a coke? wow. I can't believe you buy into this German propaganda about WMT pricing, man - their prices are higher in EUroLand than in the US - doesn't add up! Just a convenient excuse, playing to Nationalism to keep the current system of "fixed" prices, decrepit distribution systems intact. If you can't innovate, litigate - or even better, legislate (^_^) > its Balance of Payments stupid... true, we have a BIG current account deficit. otoh, we have a free market retail sector, driven by domestic consumers - who are increasing productivity at a rate greater than GDP. If the EU is decaying (I mean, free-fall, baby) when we're running a huge balance-of-trade deficit... that should tell you just how sick EUroLand must be. --> you've got a currency crisis, stupid {grin} you'll never get Democratic Socialism to work over there: it's not self-sustaining - it stifles innovation, infantalizes the population and wastes treasure. Without a Democratic Capitalist system to periodically transfer new know-how, prop up your currency - you're destined to remain nothing more than an industrial colony, exporting your production to an Empire that you cannot help but resent. we've got to support the Euro: today your roads are clogged with protesting farmers and lorry drivers; without intervention, tomorrow your roads will be filled with refugees, fleeing yet another FAR RIGHT reaction to a perceived failure of Democracy. I dunno what it looks like from over there, DJ - but from over here - it looks like "EUroLand" just fell apart: the vote in Copenhagen will be nails in the coffin. for god's sake, man - open up your markets, standardize and federalize your taxes across the EU - before the spark that Herr Haider lit becomes another firestorm :-/ -Steve