Article

2006-10-29 Europe

Euro "slowly killing Europe" - say Times of London

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Posted by Barbara Skolaut 2006-10-29 15:10|| || Front Page|| [5 views since 2007-05-07] Top

#1 European central banks still have large reserves of their old currencies. The Euro has caused major inflation with goods doubling in prices when the Euro was introduced. Then europeans are paying in euro's and their salaries are still payed at the same levels of their old currency.

Posted by Chomomp Tharong7939 2006-10-29 16:16|| 2006-10-29 16:16|| Front Page Top

#2 Greenspan was just saying the Dollar and Euro were sharing the stage.

Posted by Sock Puppet of Doom 2006-10-29 16:52|| www.sockpuppetofdoom.com]">[www.sockpuppetofdoom.com] 2006-10-29 16:52|| Front Page Top

#3 Yep, and capitalism and communism shared the stage for like 80 years. But who is left standing, and who is in the dustbin of history?
The only reason that the Euro has gained so much clout with a lot of non-European countries is because it is easier and more efficient to figure prices in Euros than in multiple European currencies. Plus, there is a fair share of anti-Americanism in certain countries' decision to switch to Euros - "sticking it to the Man!".

Posted by Shieldwolf 2006-10-29 18:54|| 2006-10-29 18:54|| Front Page Top

#4 LOL. Mrs. Skolaut, has anyone ever told you that you give good inline commentary?

Posted by Mark Z 2006-10-29 21:02|| 2006-10-29 21:02|| Front Page Top

#5 Thanks, #4 Mark - some articles are so inspiring, the lines just write themselves. ;-p

(BTW, it ain't mrs.)

Posted by Barbara Skolaut">Barbara Skolaut 2006-10-29 22:40|| http://ariellestjohndesigns.com/page/15bk1/Home_Page.html]">[http://ariellestjohndesigns.com/page/15bk1/Home_Page.html] 2006-10-29 22:40|| Front Page Top

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