USD in the shitter

Rolo · 11-20-2003

Right now I think the US is happy because it helps export more goods from the US, and I also think the EU is happy because it will have a positiv effect on inflation, and since most EU countries have debt in US dollars, then it will be cheaper for them to pay back loans etc.

However it will impact the US negativ if the dollar gets too low, since then investors will slowdown their investments in the US, and it will also impact the EU because their products will be more expensive on the world market.

My guess is another rapid fall in 5-10% range, and it will make either the US or EU do something.

11-20-2003	#5
Rolo Members Join Date: Dec 2002 Location: Six Feet Under Posts: 2,150	Right now I think the US is happy because it helps export more goods from the US, and I also think the EU is happy because it will have a positiv effect on inflation, and since most EU countries have debt in US dollars, then it will be cheaper for them to pay back loans etc. However it will impact the US negativ if the dollar gets too low, since then investors will slowdown their investments in the US, and it will also impact the EU because their products will be more expensive on the world market. My guess is another rapid fall in 5-10% range, and it will make either the US or EU do something. __________________ "Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918

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