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

To: c.hinton who wrote (242560)	9/21/2007 8:44:36 AM
From: michael97123	Read Replies (1) \| Respond to of 281500

Dollar was lower in 1995 to what was then called the breadbasket of euro currencies led by deutchmark. Clinton was president then and between the low translated into 145 euros (today 140) to the high which i think the dollar bought 135 euros was over a few years. And now back to the lows which have not yet been reached. Back in 95 people were doing the chicken little just like you and the opposite occurred. When american economy is in front of europe rates go up. What is required of the US now is a return to fiscal discipline. Bush is already threatening to veto every domestic bill. Euro eco will slow soon and their rates will start to come down strenghtening dollar as well. This is the alternate case to what the america bashers like you and gst want.