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Euro almost at it's introductory value vs the Dollar!

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  • #76
    All intriguing as to what will happen to the UK manufacturing now.
    One day Canada will rule the world, and then we'll all be sorry.

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    • #77
      Originally posted by Kidicious


      That's true, but it also reduces the foreign investment that come into your country. The US gets more foreign invesment because foreign investment is the natural place for the dollars that leave the US.

      Foreign investment=Trade Deficit-Currency held outside the country
      Not necessarily. If the dollar is weak, there will actually be more FDI in the country. Things are cheaper in the US, therefore more companies would do business there. Same thing happening in Argentina with improved growth.

      Paiktis, get a frigging clue. This isn't something you should celebrate. A stronger Euro is damaging to the Euro-zone economy.
      For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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      • #78
        I am pointing out that it didn' take long for the euro to kick the dollar's ass that's all.

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        • #79
          You arrogant little person, paiktis. The euro isn't kicking the dollar's ass. You can't even make the ****ing connection that is highly damaging to EUROPE! This will just kill exports in many countries already with weak economies, take France and Germany for example.
          For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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          • #80
            A strong currency will cause Euro firms to be more productive to keep up with foreign competitors. It may cause problems, but it may also increase efficiencies.
            One day Canada will rule the world, and then we'll all be sorry.

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            • #81
              Big Crunch, you are not looking at both sides. That so may happen, but it will damage EU exports to the US. That will hurt.
              For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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              • #82
                What percentage of EU trade is with the US?
                One day Canada will rule the world, and then we'll all be sorry.

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                • #83
                  Originally posted by Fez
                  Not necessarily. If the dollar is weak, there will actually be more FDI in the country. Things are cheaper in the US, therefore more companies would do business there. Same thing happening in Argentina with improved growth.
                  It's impossible for the US to become a net exporter, bring in net foreign investment and maintain its status as banker to the world at the same time, because the number of dollars held outside the US would have to shrink. The US trade deficit is a result of the organization of the world economy.
                  I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                  - Justice Brett Kavanaugh

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                  • #84
                    Originally posted by Fez
                    You arrogant little person, paiktis. The euro isn't kicking the dollar's ass. You can't even make the ****ing connection that is highly damaging to EUROPE! This will just kill exports in many countries already with weak economies, take France and Germany for example.
                    Fez,

                    In order for the Euro to become the key currency the EU would have to transform itself into an economy which attracts foreign investment instead of making foreign investment. It would have to become a net importer so that the other nations could use the Euro as key currency.
                    I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                    - Justice Brett Kavanaugh

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                    • #85
                      It doesn't get more arrogant than this.

                      I had enough of this. I am going out with my BF... later.
                      For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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                      • #86
                        I think this Kidicious character is Roland trying to wind everyone up.


                        No, he's DuncanK's new screenname. That might explain things .
                        “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
                        - John 13:34-35 (NRSV)

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                        • #87
                          You're gay?
                          "Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini

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                          • #88
                            LoA: Yeah, he said he was bi.
                            “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
                            - John 13:34-35 (NRSV)

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                            • #89
                              Originally posted by Lawrence of Arabia
                              You're gay?
                              Sheesh... some people never read threads...

                              Yeah I am..

                              Well... we are ordering food out again.. I was intending to go with him, and my parents but they had a diplomatic reception of some sort.

                              Anyways back to the topic.
                              For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)

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                              • #90
                                Well, baby, I'm tri.
                                "Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini

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