Friday, June 10, 2005

That Pesky Euro

I was waiting to unload the rest of my Euros until today, when expected poor US trade figures would temporarily strengthen the Euro and so get me more $. Well, the US figures were poor. But the Euro got weaker by another cent.

I suppose the good news is that if the Euro collapses to, say 0.80 of a $, Americans will buy lots of French and German goods & so boost those nations' growth to, say, 2%. Maybe.