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Subject: Re: The Euro at $1.55 Posted on: Fri, 14 Mar 2008 09:20:27 -0700

On Thu, 13 Mar 2008 15:24:53 -0700,
"EvelynVogtGamble(Divamanque)" wrote:

>
>
>Mxsmanic wrote:
>> Hatunen writes:
>>
>>> Problem for whom?
>>>
>>> Many financial organizations in Europe, and some EU governemnts,
>>> think the euro has risen too far, too fast.
>>
>> But the euro has not risen; the dollar has fallen. That's an important
>> distinction.
>
>One I was also trying to make - but it fell on deaf ears.

Why is this distinction important, and how and to whom?

--
************* DAVE HATUNEN (hatunen@cox.net) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *