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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (90240)	1/8/2008 1:47:49 PM
From: Hawkmoon	Respond to of 110194

Well.. that was a huge gap to close.. And, of course, it depends upon what part of Europe we're referring to. But I don't see how a strong Euro helps them with unemployment so long as their primary economy remains export driven. Chinese products are even more competitive vis-a-vis Europe than they are in the US. But here are some figures for recent unemployment: littlecamels.com However, I will admit that the corporate tax rates (unbelievably) have become more favorable than US rates.. And that does assist their competitiveness and internal growth. Hawk