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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (71659)11/26/2007 2:36:35 AM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Currency Twilight Zone
globaleconomicanalysis.blogspot.com
A strong Euro is hurting exports, particularly Airbus. However, the proposed exchange controls are not the answer and proof can be found in increasing dollar reserves in China and Japan that they do not know how to dispose of. Life would be much simpler under a gold standard than it is in the twilight zone of competitive currency debasement.
Mish