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Originally posted by Seekerof
As such, mrdependable, unemployment figures are in the double digits in Europe, productivity is still the pits, etc., etc. So in short, the gains made by the Euro are doing exactly what for the European's? As Majic indicated, there is a method behind the madness here, or else the European's wouldn't be asking the US to shore up its dollar, eh?
I am not understanding why you believe this is so, especially, the last statement. If you would explain, it would be greatly appreciated, and thank you.
Originally posted by Majic
Nations which export large quantities of goods and services to the U.S. are no doubt very concerned about the falling dollar. It impairs their ability to compete with domestic competitors.