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#1
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Euro still statistically overvalued relative to the US dollar by 20%
Euro still statistically overvalued relative to the US dollar by 20%
With the Euro at $1,35 +/- $0.02, real value, or in this case Euro overvaluation can be found in Purchasing Power Parity, explained simply thus at http://preview.tinyurl.com/79d4zEvleths : "The Euro corrected lower in December but remains significantly overvalued against the US Dollar with prices still over 20% above the PPP-implied “fair” exchange rate......" |
#2
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Euro still statistically overvalued relative to the US dollar by 20%
This makes us richer than you, redneck.
"PJ Odonovan" a écrit dans le message de groupe de discussion : ... Euro still statistically overvalued relative to the US dollar by 20% With the Euro at $1,35 +/- $0.02, real value, or in this case Euro overvaluation can be found in Purchasing Power Parity, explained simply thus at http://preview.tinyurl.com/79d4zEvleths : "The Euro corrected lower in December but remains significantly overvalued against the US Dollar with prices still over 20% above the PPP-implied “fair” exchange rate......" |
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Euro still statistically overvalued relative to the US dollar by 20%
"abelard" wrote in message ... On Sat, 20 Mar 2010 09:18:50 -0700 (PDT), PJ Odonovan wrote: Euro still statistically overvalued relative to the US dollar by 20% i'm working on 30% With the Euro at $1,35 +/- $0.02, real value, or in this case Euro overvaluation can be found in Purchasing Power Parity, explained simply thus at http://preview.tinyurl.com/79d4zEvleths : "The Euro corrected lower in December but remains significantly overvalued against the US Dollar with prices still over 20% above the PPP-implied "fair" exchange rate......" indeed...an excellent time to buy usa assets Depends what you mean by assets. |
#4
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Euro still statistically overvalued relative to the US dollar by 20%
abelard writes:
indeed...an excellent time to buy usa assets Why? Is China selling them? |
#5
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Euro still statistically overvalued relative to the US dollar by 20%
On Sat, 20 Mar 2010 18:21:22 +0100, abelard
wrote: On Sat, 20 Mar 2010 09:18:50 -0700 (PDT), PJ Odonovan wrote: Euro still statistically overvalued relative to the US dollar by 20% i'm working on 30% With the Euro at $1,35 +/- $0.02, real value, or in this case Euro overvaluation can be found in Purchasing Power Parity, explained simply thus at http://preview.tinyurl.com/79d4zEvleths : "The Euro corrected lower in December but remains significantly overvalued against the US Dollar with prices still over 20% above the PPP-implied “fair” exchange rate......" indeed...an excellent time to buy usa assets The Economist's Big Mac Index for last 16 July, when the euro was at $1.36, indicated the euro was overvalued by 26%. -- ************* DAVE HATUNEN ) ************* * Tucson Arizona, out where the cacti grow * * My typos & mispellings are intentional copyright traps * |
#6
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Euro still statistically overvalued relative to the US dollar by 20%
abelard writes:
i suggest you think before you post... is that even within the distant bounds of possible realities? Yes, it is. China is holding a great deal of U.S. debt. If it decides one day to stop loaning money to the U.S. to keep the latter afloat, bad things will happen. |
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Euro still statistically overvalued relative to the US dollarby 20%
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#9
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Euro still statistically overvalued relative to the US dollar by20%
On Mar 20, 12:18*pm, PJ Odonovan wrote:
Euro still statistically overvalued relative to the US dollar by 20% With the Euro at $1,35 +/- $0.02, real value, or in this case Euro overvaluation can be found in Purchasing Power Parity, explained simply thus athttp://preview.tinyurl.com/79d4zEvleths: "The Euro corrected lower in December but remains significantly overvalued against the US Dollar with prices still over 20% above the PPP-implied “fair” exchange rate......" The Canadian $ is higher in value than the ALLMIGHTY BUCK. as of Friday. And Americans think that having a high $ is a good idea. But that's because the USA makes nothing and imports everything. Reminder, don't have a civil war. Though Canada only became a sovereign nation in 1867, during the civil war period Canada had the Dollar, not the British Pound Stirling. And because of the US civil war, the Canadian $ was worth $2.64 to one American $. So let that be a message to Americans who want to have another civil war over Obama being lawfully elected. If you want to reduce confidence in your economy, you know what not to do. |
#10
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Euro still statistically overvalued relative to the US dollar by20%
On Mar 21, 10:09*am, Bill Coleman wrote:
On Mar 20, 12:18*pm, PJ *Odonovan wrote: Euro still statistically overvalued relative to the US dollar by 20% With the Euro at $1,35 +/- $0.02, real value, or in this case Euro overvaluation can be found in Purchasing Power Parity, explained simply thus athttp://preview.tinyurl.com/79d4zEvleths: "The Euro corrected lower in December but remains significantly overvalued against the US Dollar with prices still over 20% above the PPP-implied “fair” exchange rate......" The Canadian $ is higher in value than the ALLMIGHTY BUCK. as of Friday. And Americans think that having a high $ is a good idea. But that's because the USA makes nothing and imports everything. Reminder, don't have a civil war. Though Canada only became a sovereign nation in 1867, during the civil war period Canada had the Dollar, not the British Pound Stirling. And because of the US civil war, the Canadian $ was worth $2.64 *to one American $. So let that be a message to Americans who want to have another civil war over Obama being lawfully elected. If you want to reduce confidence in your economy, you know what not to do. I swear one reason US companies like knitting mills, which employed so many people in the south ,closed was b/c of WALMART. These companies, like Springs Industries, maker of sheets, towels, bedspreads, ec. couldn't compete and are forced to close stateside mills. You should watch a MSNBC video showing how Walmart operates. It's all based on price point. They don't have their "Buy America " bumper stickers anymore that they used to give out. |
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