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To: donald sew who wrote (32064)10/5/2000 9:14:05 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
Read This: Mike Finsterwald linked this on the MDD thread. I hope we can talk about this analysis:

worldlyinvestor.com



To: donald sew who wrote (32064)10/5/2000 6:49:06 PM
From: dli  Read Replies (1) | Respond to of 42787
 
Donald,

your analysis is absolutely on spot. However, considering some additional variables can lead you to believe that any stength in the Euro won't be sustained for long.

The weakness of the euro is already causing politicians and european companies to drag their feet on necessary structural reforms as the weak euro enhances their competitiveness and consequently adds to GDP growth. So once the Euro appreciates noticeably they will start hurting again and any regained confidence in the currency will be rather short-lived IMO. As long as the majority of EU governments is controlled by socialist parties I do not expect any meaningful structural reforms to be put through.

Dave