EU admits: Euro currency a disaster

2001-12-24 Thread RMo12345
Just trying to post here and see if this address works . If so will be adding my 2 cents. rmo

Re: EU admits: Euro currency a disaster

2001-12-19 Thread Harry Pollard
Steve, You did a good one in '98. Harry _- Steve wrote: For those unaware, I was a professional trader( money mgr) of underlying financial assets and derivatives for 25 yrs. A few years ago, I wrote a piece on this topic which is still available on the web:

RE: EU admits: Euro currency a disaster

2001-12-18 Thread Harry Pollard
Arthur, Good point! I wonder what would have happened to the United States if tariff barriers had been erected between them? Perhaps the President would now be asking for a fast track to clear away the restrictions than impoverish Americans - and of course being refused because it might

Re: EU admits: Euro currency a disaster

2001-12-17 Thread Christoph Reuss
Hi Steve, I'll bet you a good dinner that the Euro doesn't decline significantly (5% max) against the US$, Br. Pound, or the Swiss Franc during the next year. Rather than about the weakness of the Euro, the article was about the problems that arise from the abolition of national sovereignity

Re: EU admits: Euro currency a disaster

2001-12-17 Thread Keith Hudson
At 14:39 17/12/01 +0100, you wrote: (SK) I'll bet you a good dinner that the Euro doesn't decline significantly (5% max) against the US$, Br. Pound, or the Swiss Franc during the next year. (CR) Your prediction above may well be correct, but that won't have to be the merit of the Euro... (the

Re: EU admits: Euro currency a disaster

2001-12-17 Thread Christoph Reuss
Arthur Cordell wrote: Chris' original point was whether it was a good idea to introduce a single currency into a number of jursidictions which formerly had their own currencies and levers for monetary policy tailored to local needs. Going the other way, would the fifty states of the US be

Re: EU admits: Euro currency a disaster

2001-12-17 Thread Steve Kurtz
For those unaware, I was a professional trader( money mgr) of underlying financial assets and derivatives for 25 yrs. A few years ago, I wrote a piece on this topic which is still available on the web: Misconceptions About Currency Commodity Markets A recent piece "Growth: Salvation,

EU admits: Euro currency a disaster

2001-12-16 Thread Christoph Reuss
Countries 'face euro disaster' 16 December 2001, Mail on Sunday http://www.thisismoney.com/20011216/nm41840.html FIVE countries in the eurozone face the threat of severe economic problems as a direct result of their membership of the single currency, according to a damning official report by

Re: EU admits: Euro currency a disaster

2001-12-16 Thread Steve Kurtz
Hi Chris, I'll bet you a good dinner that the Euro doesn't decline significantly (5% max) against the US$, Br. Pound, or the Swiss Franc during the next year. The charts tell me that it is likely to actually advance against the US$ Canadian$. I haven't studied the other relationships. I'm a