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Old 06-01-2005, 12:29 PM  
Hinc
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Join Date: Oct 2004
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Only bad thing is.
Euro will come back up, markets go up and down due to day-to-day events and inbuild hysteria.

But in the long run, an amount of solid stability in economy (and all of the subelements - growth rates, national budget, foreign trade, inflation, interest etc etc) is what secures a strong currency...as thats what makes it attractive to stash reserves in it and make huge longterm investments.

...and...comparing US and EURO economy. The USD will face hard times, if something radical aint done in the US. The deficits are seemingly out of control and there´s alot of other signs of fairly fundamental imbalance I think.

I smile when the dollar goes up....but in my opinion it wouldnt be a wise place to invest your savings anytime soon.
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