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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: Ahda who wrote (2751)12/27/2000 10:13:44 PM
From: Ahda  Respond to of 3536
 
You can't create by pump no dump. You can thank AG for this.
latimes.com
Part of the problem, Niemera said, is that there are too many stores to serve declining consumer demand.
"I think we are going to see more problems ahead for 2001, with store closings and liquidations," he said.



To: Ahda who wrote (2751)12/27/2000 11:26:07 PM
From: Hawkmoon  Read Replies (1) | Respond to of 3536
 
Darleen... if the dollar reaches parity with the Euro, then what will be the impact on Europe's ability to maintain its trade surplus vis-a-vis the US?

Will it inhibit European growth, or assist it?

Conversely, if the US dollar is now weaker vis-a-vis the Euro at parity, do US exports to Europe become more attractive?

The US is much less dependent on exports than imports for GDP growth while the reverse is the case for Europe.

Now ask yourself who wins in a USD vs Euro battle.

Regards,

Ron