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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: GUSTAVE JAEGER who wrote (25802)9/29/2007 7:37:08 AM
From: sea_urchin  Read Replies (1) | Respond to of 81867
 
Gus > That's why Sarkozy keeps calling for the ECB to lower interest rates and drive the euro down --in order to give French companies an edge over their dollar-priced competitors...

Thanks for your explanation. I did not appreciate the difference between French and German business. And, of course, the strong Euro must be knocking hell out of French exports and this will make the French economy even worse. Sarkozy is certainly in a corner, not knowing where to turn first. No wonder he panders to the US and the Zionists -- perhaps, like the Africans, he expects a hand-out.

It also strikes me that the success of the German economy and the corresponding failure of those European countries which export must be a very disruptive force to the European federation.

> China and Germany should emerge as the winners of globalisation. "That China will become the factory of the world is perhaps correct but who will build this factory? Germany."

And all financed by the tidal wave of paper dollars which were printed to keep the US afloat.