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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (211579)	7/10/2007 8:25:01 PM
From: Bearcatbob	Respond to of 793955

The whole currency debate is hugely interesting to me. I daily deal with the competitive impact of European supply priced in Euros. Simply put - the Eurozone will not be able to compete in international trade - and yes - I know they are currently doing well. However, the current European wellness is not based on the current surge in the value of the Euro. Throw in another 30% and wow - there will be wailing and knashing of European teeth. The world wide pressure on China will become a crushing tidal wave. It will be interesting. I added to my gold shares today.