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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (16133)12/26/2001 5:23:44 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
The very short response is that one is asking for troubles when fiscal and monetary policies are not national or transnational. All Euro countries maintain their internal fiscal policy, but a body of "elders" dictate the monetary policy for the whole Union. At some point, the national interest of one of the countries in the Union is going to cause a rift. The Union's currency is supposed to impose "discipline", I believe that instead it may become a yoke on Europe's economies, and as result is going to go into it's own decline. I would not be surprised to see the Euro under $.80/$.75 before the end of next year.

Zeev



To: vampire who wrote (16133)12/26/2001 6:12:38 PM
From: Kayaker  Respond to of 99280
 
In addition to the response you got, do a 'full text' search for "zeev euro" and you will find his posts on the Euro going all the way back to September of 2000.

You can find his posts on many subjects by searching for "zeev xxxxx" where xxxxx is what you are looking for. The fact that Zeev types his name at the bottom of all (?) his posts makes these searches possible.


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