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Old 01-15-2004, 08:22 AM  
monro
So Fucking Banned
 
Join Date: Dec 2002
Posts: 787
I should not go for the euro in the long run.

French and German economies are at the bottom, facing EU penalties as they do not do anything useful about it.
The grow rate in EU is only a quarter of Americas.

Due to the low exchange rate of the dollar, EU merchants has difficulties selling in USA. That means that the factories in USA can sell more and more abroad, being stronger all the time. The citizens in USA are buying more domestic products. The opposite in EU. The weak dollar is a benefit for USA, not for EU.
An when this situation escalates, the dollar will be strong again.
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