Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (15363)	1/2/2002 1:08:11 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

FYI regarding further discussion of the prospects of the Euro.. The fact that some criminal gangs are offering $2,300 loans interest free, so long as they are paid back in Euros within the next 3 years. Message 16846111 But again, I believe the last thing European corporations want is a stronger Euro, and weaker dollar. There might be some benefits with regard to attracting capital away from the US, but it will decrease their competitiveness with US companies and make US products less expensive there. And so long as the majority of our components and parts come from Asia (where currency devaluation is inevitable), we'll be able to achieve greater profitability than European corporations who are no longer able to hide behind a weak Euro. But should the Euro fail due to major political distress amongst member states and rebellion against ECB monetary policy (the ECB will now have teeth as the primary issuer of European currency), watch out below. Hawk