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To: BigBull who wrote (74409)	9/24/2000 9:31:04 AM
From: BigBull	Read Replies (1) \| Respond to of 95453

Kuwait wants $168 billion? arabia.com\|29501,00.html Yeah but in dollars, euros, or gold? Ooooo - curiouser and curiouser.

To: BigBull who wrote (74409)	9/24/2000 9:50:23 AM
From: stsimon	Read Replies (1) \| Respond to of 95453

The current round of currency instability is being driven by the Euro. The fact is that European productivity is falling further behind the U.S. Inflexible labor markets and extensive social benefits are going to force some difficult choices on European governments down the road. My wife has a niece in Germany whose husband is an engineer for a multinational company. He gets six weeks vacation a year and takes all of it. Contrast that with the work ethic in U.S. high tech. Europe is simply less productive than the U.S., so it is understandable that the currency would lose value. As for Ford, I suspect their problems with tires are dominating management focus. Buying the rest of Hertz is simply easier.