- This topic has 85 replies, 12 voices, and was last updated 16 years, 8 months ago by Anonymous.
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March 3, 2008 at 1:08 PM #163919March 3, 2008 at 2:09 PM #163925CoronitaParticipant
I was in Spain when Bernanke first lowered the rates. In the two week span from when I arrived to when I left, there was a pretty decent difference in exchange rates. Plus, I remember some people i was talking to there poking fun of the dollar.
Long term, I don't know how it can hold with all those countries with differing economies and differing needs. Seems like a a recipe for disaster. Short term, I bet it will still gain strength against the dollar.
…like spain's economy is doing well… I don't know. Me thinks the EU is going to have a rude awakening. One thing for sure, U.S. goods definitely are going to seem a lot cheaper.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 3, 2008 at 2:09 PM #164016CoronitaParticipantI was in Spain when Bernanke first lowered the rates. In the two week span from when I arrived to when I left, there was a pretty decent difference in exchange rates. Plus, I remember some people i was talking to there poking fun of the dollar.
Long term, I don't know how it can hold with all those countries with differing economies and differing needs. Seems like a a recipe for disaster. Short term, I bet it will still gain strength against the dollar.
…like spain's economy is doing well… I don't know. Me thinks the EU is going to have a rude awakening. One thing for sure, U.S. goods definitely are going to seem a lot cheaper.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 3, 2008 at 2:09 PM #163934CoronitaParticipantI was in Spain when Bernanke first lowered the rates. In the two week span from when I arrived to when I left, there was a pretty decent difference in exchange rates. Plus, I remember some people i was talking to there poking fun of the dollar.
Long term, I don't know how it can hold with all those countries with differing economies and differing needs. Seems like a a recipe for disaster. Short term, I bet it will still gain strength against the dollar.
…like spain's economy is doing well… I don't know. Me thinks the EU is going to have a rude awakening. One thing for sure, U.S. goods definitely are going to seem a lot cheaper.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 3, 2008 at 2:09 PM #163914CoronitaParticipantI was in Spain when Bernanke first lowered the rates. In the two week span from when I arrived to when I left, there was a pretty decent difference in exchange rates. Plus, I remember some people i was talking to there poking fun of the dollar.
Long term, I don't know how it can hold with all those countries with differing economies and differing needs. Seems like a a recipe for disaster. Short term, I bet it will still gain strength against the dollar.
…like spain's economy is doing well… I don't know. Me thinks the EU is going to have a rude awakening. One thing for sure, U.S. goods definitely are going to seem a lot cheaper.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 3, 2008 at 2:09 PM #163601CoronitaParticipantI was in Spain when Bernanke first lowered the rates. In the two week span from when I arrived to when I left, there was a pretty decent difference in exchange rates. Plus, I remember some people i was talking to there poking fun of the dollar.
Long term, I don't know how it can hold with all those countries with differing economies and differing needs. Seems like a a recipe for disaster. Short term, I bet it will still gain strength against the dollar.
…like spain's economy is doing well… I don't know. Me thinks the EU is going to have a rude awakening. One thing for sure, U.S. goods definitely are going to seem a lot cheaper.
[img_assist|nid=5962|title=selfportrait|desc=|link=node|align=left|width=100|height=80]
—– Sour grapes for everyone!
March 3, 2008 at 8:58 PM #164101equalizerParticipantUSD will stabilize in the short run since the crowd is most fearful now.
March 3, 2008 at 8:58 PM #164017equalizerParticipantUSD will stabilize in the short run since the crowd is most fearful now.
March 3, 2008 at 8:58 PM #164010equalizerParticipantUSD will stabilize in the short run since the crowd is most fearful now.
March 3, 2008 at 8:58 PM #163686equalizerParticipantUSD will stabilize in the short run since the crowd is most fearful now.
March 3, 2008 at 8:58 PM #163998equalizerParticipantUSD will stabilize in the short run since the crowd is most fearful now.
March 4, 2008 at 8:17 AM #163841SD TransplantParticipantBuffet on CNBC last night had a differnt view – when asked the same question. He mentioned specifically that the FED & Govt is paying only lip service to the problem (stron fiscal/monetary policy – a strong $), but their action have not change at all in the last 4-5 years. As a result, he (Buffet) forecasts the $ to drop significantly. He mention the value of 0.6 EURO / $1.00 – that’s a scary image. Yes, I travel to Europe every year – my trip will be more expensive (I have relatives/family, so I save on some hotels/meals – yet the trip is getting harder to achieve).
March 4, 2008 at 8:17 AM #164155SD TransplantParticipantBuffet on CNBC last night had a differnt view – when asked the same question. He mentioned specifically that the FED & Govt is paying only lip service to the problem (stron fiscal/monetary policy – a strong $), but their action have not change at all in the last 4-5 years. As a result, he (Buffet) forecasts the $ to drop significantly. He mention the value of 0.6 EURO / $1.00 – that’s a scary image. Yes, I travel to Europe every year – my trip will be more expensive (I have relatives/family, so I save on some hotels/meals – yet the trip is getting harder to achieve).
March 4, 2008 at 8:17 AM #164165SD TransplantParticipantBuffet on CNBC last night had a differnt view – when asked the same question. He mentioned specifically that the FED & Govt is paying only lip service to the problem (stron fiscal/monetary policy – a strong $), but their action have not change at all in the last 4-5 years. As a result, he (Buffet) forecasts the $ to drop significantly. He mention the value of 0.6 EURO / $1.00 – that’s a scary image. Yes, I travel to Europe every year – my trip will be more expensive (I have relatives/family, so I save on some hotels/meals – yet the trip is getting harder to achieve).
March 4, 2008 at 8:17 AM #164172SD TransplantParticipantBuffet on CNBC last night had a differnt view – when asked the same question. He mentioned specifically that the FED & Govt is paying only lip service to the problem (stron fiscal/monetary policy – a strong $), but their action have not change at all in the last 4-5 years. As a result, he (Buffet) forecasts the $ to drop significantly. He mention the value of 0.6 EURO / $1.00 – that’s a scary image. Yes, I travel to Europe every year – my trip will be more expensive (I have relatives/family, so I save on some hotels/meals – yet the trip is getting harder to achieve).
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