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papflesje on 09 August 2010
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naznatips said:
papflesje said:
naznatips said:

With Europe's economy crashing an economical price would be pretty fucking high. 


uhm, what news have you been following? Crashing? Aside from the Greek economy (which has now in fact even gotten some pundits for turning it around rather fast and keeping it up)...


http://www.topforexnews.com/2010/07/16/pound-falls-on-global-economic-outlook/
http://www.businessweek.com/news/2010-06-04/euro-falls-below-1-20-for-first-time-since-2006-on-debt-crisis.html
http://www.businessweek.com/news/2010-07-20/pound-rallies-hungary-drives-euro-down-versus-other-currencies.html


Not a crash I suppose as much as a concern, mild recession, but the point still stands, the value of the pound and euro against the dollar will continue to be an issue in the coming months. 


The pound is rising against the Euro and the Euro is rising against the dollar again...the EU economy is still quite a bit stronger than the US economy (which is one that most resembled a crashing one)