THERE IS NO REASON THAT THE EURO SHOULD BE ABOVE PAR WITH THE US DOLLAR...
ANY FAIR COMPARISON OF PRICES...IN EUROLAND...SHOWS THAT THE EURO PRICE IS FAR HIGHER THAN THE DOLLAR PRICE...OFTEN STAMPED ON THE PRODUCT BEING BOUGHT...!
ANYONE TRAVELING IN EUROPE CAN FEEL THE EFFECT OF THE OVER VALUED EURO...
APPLES TO APPLES...AN APPLE PRICED IN EUROS IS WAY TOO HIGH COMPARED TO WHAT YOU CAN BUY THE SAME APPLE FOR IN DOLLARS...
THE REASON THE EURO ROSE SO MUCH IS THAT SMART PEOPLE KNOW THE US ECONOMY WAS IN A MASSIVE BUBBLE FOR THE LAST DECADE OR SO...
WELL...THE BUBBLE IS OVER...AND SOONER OR LATER THE FED WILL REALIZE THAT IT CAN'T "GO BACK"...
IN THE MEANTIME THE DOLLAR AND THE EURO SHOULD COME BACK TO PAR...
THE POST BUBBLE...DOLLAR WILL BE AT PAR WITH THE EURO...PROBABALY AFTER BERNANKE "GETS REAL" ABOUT HIS FREE MONEY BULLSHIT...LATER THIS YEAR...
IF LATER THIS CYCLE... BERNANKE "GIVES US" AN INTEREST RATE OF SAY...3% TO 4%...HISTORICALLY NORMAL IN OTHER WORDS...
THE EURO AND THE DOLLAR WILL BE AT PAR...
THE REASON THE EURO ROSE SO MUCH IS THAT SMART PEOPLE KNOW THE US ECONOMY WAS IN A MASSIVE BUBBLE FOR THE LAST DECADE OR SO...
WELL...THE BUBBLE IS OVER...AND SOONER OR LATER THE FED WILL REALIZE THAT IT CAN'T "GO BACK"...
IN THE MEANTIME THE DOLLAR AND THE EURO SHOULD COME BACK TO PAR...
THE POST BUBBLE...DOLLAR WILL BE AT PAR WITH THE EURO...PROBABALY AFTER BERNANKE "GETS REAL" ABOUT HIS FREE MONEY BULLSHIT...LATER THIS YEAR...
IF LATER THIS CYCLE... BERNANKE "GIVES US" AN INTEREST RATE OF SAY...3% TO 4%...HISTORICALLY NORMAL IN OTHER WORDS...
THE EURO AND THE DOLLAR WILL BE AT PAR...
