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Subject: »PIIGS - economics problems
Greece will be kick out from EU
it's not good for euro something like this cause dollar will be more expensive
I dont think so.
After help for Greece was announced Euro vs Dollar has fallen about 400-500 points. And thats a lot after just 3 days.
And i think that the reason wasnt the help but YOUR strike. So if you would be kicked from EU, then it would be good for EURO.
it's not good for euro something like this cause dollar will be more expensive
I dont think so.
After help for Greece was announced Euro vs Dollar has fallen about 400-500 points. And thats a lot after just 3 days.
And i think that the reason wasnt the help but YOUR strike. So if you would be kicked from EU, then it would be good for EURO.
Who told you that euro vs dollar falling is bad???
lower euro => higher exports and lower imports .
lower euro => higher exports and lower imports .
Everything that comes from non EU cost us more.
So lets just say .... Oil ;-) Do i have to write anything else or ist it macroeconomicaly enough?
Exporters earn less...
If i want to buy a new computer, then it costs me more.
Its enough for me.
So lets just say .... Oil ;-) Do i have to write anything else or ist it macroeconomicaly enough?
Exporters earn less...
If i want to buy a new computer, then it costs me more.
Its enough for me.
lower euro => higher exports and lower imports
What? :)
What? :)
We can discuss it for hours....
Oil is indeed valued in USD and it could cost us more. However higher exports means lower unemployment levels!!!
Oil is indeed valued in USD and it could cost us more. However higher exports means lower unemployment levels!!!
I read it yesterday, that there are 300 swimming pools in Athens
so what mate? is something wrong with that?
so what mate? is something wrong with that?
I agree that it could mean lower enemployement levels. But not at this rate of EURO falling down. I had to be at a lower rate, so the companies could create more room for new employees.
And another example is Zimbabwe, they have a very low rate vs USD and it didnt help them ;-). But yeah i am just kidding with Zimbabwe. They have another problem.
And another example is Zimbabwe, they have a very low rate vs USD and it didnt help them ;-). But yeah i am just kidding with Zimbabwe. They have another problem.
I like examples!!!
China deliberately keep a low rate against USD in order to improve their exports. That's why US accussed them so many times.
China deliberately keep a low rate against USD in order to improve their exports. That's why US accussed them so many times.
trade balance can go either way.... it not a measure of strength or weakness of country....
Mine has 1 billion people and it's the largest economy in the world...
1 billion of extremly poor people.
If you measure just economy ok. Then greek people cant strike, they have to celebrate.
If you measure just economy ok. Then greek people cant strike, they have to celebrate.
Read further ;) Most of the existing ones are hidden from the offices; that means many people are paying less taxes than they should.