Quote:
Originally posted by Fletch XXX
it will continue to go down, america is failing.
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Now THAT is funny!
Right now, I think that the US is keeping the Euro strong and the Dollar weak as much as they can. The French and Germans were trying to convert oil prices from dollars to the euros (thus their support for Saddam Hussain), but it didn't work. With the Euro as high as it is, it is keeping that change from occurring. Unfortunately for Europe, it is also killing european exports and trade balances, which is why unemployment in most EU countries is now up at 10% or more, as compared to the US figures of 5.3%