how much has usd % wise improved over euro since nov. then add the % oil/grain has increased.(total double diget %).. all this will raise cost in europe. to fight inflation ecb has to by mandate increase interest rates (unless they change the rules)
raising euro interest rates makes euro more expencive, this lessons demand for ez products, so it lessons euro demand
(less demand weakens euro) if they raise rates with 10% unemployment what do you think happens to unemployment?
if they change the rules and let inflation increase it weakens euro....
) ) us Unemployment , let's ignore the fight over exports....fact: huge debt for usa and eu = money are at the banks = crisis of paper (except printing usa
) ) = more lones = fight for export (china is winning at the moment) = both usa and eu are depending on exports....germany offerd to help greece by buying some island...grece denied in order to keep turism assets....
eu reaction....ok.....u don't want...let's wait and will buy for change.......
and still we miss the point....where are the money? in overapreciated things from dubay to luxury cars and others....that ment lones and banks...
without strict control over banks....no exit
without strict control over imports both usa and eu and massive exports...no exit....
as u all know paper money are representation of gold deposits....limited sum or controled....
vicious circle....every body has to take from others in order to get out of the crisis....and i don't see usa doing that....eu as well
investing is obut the next big thing and selling before it's getting old...about everything....who is putting a stop to lones first might be the winner....related to the greece problem....let me repeat myself....germany offerd to buy island....good money....they said no....
there is always a way.....and selling island by greece is just pending
...the consumer confidence.....is good untill it refears to import goods......
export predicted by usa...in teck......let's see how much are states going to take credits from banks in order to buy us teck....
the winner - who is goint to ex[port and restrict imports? without credit from banks if possible.....what gb did with weak gbp .....just rain water....
eu will hold as one....usa has a bigger debt......export and imports will decide....
but for now....eu isn;t acting like an unit because greece refused to assume the loss and sell assets....political and only political...and usa is taking advantage at a declarative level.....
IT'S ALL ,,,,
Only money in the bank count
