Re: The Euro at $1.55
On Wed, 12 Mar 2008 13:21:43 -0700,
"EvelynVogtGamble(Divamanque)" <evgmsop@earthlink.net> wrote:
[color=blue]
>
>
>Alfred Molon wrote:[color=green]
>> and oil at $107. According to forecasts the Euro might climb to $1.60.
>> China apparently has started reducing its dollar reserves.[/color]
>
>I think you have it backward - the problem is not that the euro is
>"climbing", but that the dollar is SHRINKING![/color]
Problem for whom?
Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.
--
************* DAVE HATUNEN (hatunen@cox.net) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *
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