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Old 05-26-2003   #41
JR
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Join Date: Jan 2003
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i am too lazy to look at some credible numbers but on all financial channels, i keep seeing remarks to the effect that for each X% increase in the Euro, the EU loses X Billions in revenue

pretty interesting. ironic i guess to take the plunge, watch the Euro fall, worry, have doubts etc... then when it strengthens, it causes more harm than when it was weak.

hopefully, it will balance out for them in the end.
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