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<-- __Chronological__ --> <-- __Thread__ -->

Re: IS THE U.S. DOLLAR DOOMED?



[EMAIL PROTECTED] (John Whitley) wrote in message news:<[EMAIL PROTECTED]>...
> Asian Leaders See A Dollar Catastrophe Looming: "The view here is that
> the US dollar will have disintegrated by the end of this decade..."!


are in place for a weaker dollar, stronger euro," he
said." - "Traders Consider Magnitude, Speed Of Dollar Drop", Kyle
Petersen, Reuters, 8th October, 2003

I'm no financial guy but isn't a more expansive euro makes european 
products (cars, planes, ships, train, food) more expensive?
And if it's more expansive won't it sell less i.e. more goods will
be  bought from the U.S. and Asia?
Can this explain why the US economy surged at a rate of 8% yearly growth
this quarter?

Again i could be wrong but this is my basic understanding of economy.



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