The Euro at $1.55

"Hatunen" wrote in message
...
On Fri, 14 Mar 2008 15:29:51 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Hatunen wrote:
On Thu, 13 Mar 2008 15:24:53 -0700,
"EvelynVogtGamble(Divamanque)" wrote:


Mxsmanic wrote:
Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.
But the euro has not risen; the dollar has fallen. That's an
important
distinction.
One I was also trying to make - but it fell on deaf ears.

Why is this distinction important, and how and to whom?

Perhaps as an indicator of whose economy is failing and whose flourishing?

Whose economy is flourishing when the price of its goods sold to
America increases?



I assume that to be a rhetorical question.
--

JohnT

Hatunen wrote:
On Fri, 14 Mar 2008 19:01:14 +0100, Dusty Furtile Morrocan
wrote:

It's important to Americans, because a rising Euro would make one part
of the world more expensive, while a fallen dollar makes nearly
everywhere more expensive.

But equally importantly, it makes American goods cheaper to the
rest of the world, increasing American exports and creating more
jobs, etc.

"More jobs" WHERE? In China? You forget that most U.S. manufacturing
jobs have been "outsourced"!

Hatunen wrote:
On Sat, 15 Mar 2008 01:07:22 +0100, Mxsmanic
wrote:

Hatunen writes:

http://phoenix.about.com/od/transbus/a/lightrail.htm
Looks like it's too little, too late. Unfortunately the layout of the city
has historically been dictated by the assumption that people will move about
in private vehicles; there isn't any way to build a constrained mass transit
system such as light rail that can provide even a small fraction of the same
coverage. Even buses cannot provide it. Park and Ride doesn't help unless
you have individual vehicles waiting at each end, and if you have that, much
of the advantage of the mass transit system is negated.

I know. It seems to be a case of "Don't just stand there, do
something".

Add to this the extreme climate, and it's hard to see how such a system can
ultimately succeed without a significant redesign of the metropolitan area.

A light rail system like that can't flourish unless:

1. Trains are frequent enough that a schedule is not needed.

2. Stops are accessible from points further away, either by bus
or car with Park and Ride lots. No one is going to walk to the
LRT stop in Phoenix' summer weather.

No one is going to walk anywhere AT ALL in Phoenix summer weather!
(Unless it's about three steps out of the door and into the swimming pool.)

Hatunen wrote:
On Sat, 15 Mar 2008 17:50:09 +0100, Alfred Molon
wrote:

In article , Dusty Furtile
Morrocan says...

Much of the USA has been built around the assumption that cars will be
available to all forever. That demand is enormous, and unless the
USA's middle classes are going to be decimated, a way will have to
found to maintain this mode of transport.
It's just a matter of finding a cheap and clean source of energy
(perhaps fusion reactors?). Then switch to electrical cars and the
problem of individual transportation is solved.

Oh. Easy, then.

Back in the 1930's, there was an article in Reader's Digest about
someone who had supposedly invented a "pill" which, dropped into a car's
gas tank, converted to combustible fuel - but the inventor
"conveniently" disappeared. (Undoubtedly "urban legend" - people were a
lot more gullible in those days - although no less suspicious of the
aims of "big business".)

That should read "converted WATER to combustible fuel"!

EvelynVogtGamble(Divamanque) wrote:


Hatunen wrote:
On Sat, 15 Mar 2008 17:50:09 +0100, Alfred Molon
wrote:

In article , Dusty
Furtile Morrocan says...

Much of the USA has been built around the assumption that cars will be
available to all forever. That demand is enormous, and unless the
USA's middle classes are going to be decimated, a way will have to
found to maintain this mode of transport.
It's just a matter of finding a cheap and clean source of energy
(perhaps fusion reactors?). Then switch to electrical cars and the
problem of individual transportation is solved.

Oh. Easy, then.

Back in the 1930's, there was an article in Reader's Digest about
someone who had supposedly invented a "pill" which, dropped into a car's
gas tank, converted to combustible fuel - but the inventor
"conveniently" disappeared. (Undoubtedly "urban legend" - people were a
lot more gullible in those days - although no less suspicious of the
aims of "big business".)

On the particular moment of Sat, 15 Mar 2008 10:28:38 -0700 in
relation to Mary's disappointingly immaculate rumpy pumpy, Hatunen
put forth:

On Fri, 14 Mar 2008 19:01:14 +0100, Dusty Furtile Morrocan
wrote:

It's important to Americans, because a rising Euro would make one part
of the world more expensive, while a fallen dollar makes nearly
everywhere more expensive.

But equally importantly, it makes American goods cheaper to the
rest of the world, increasing American exports and creating more
jobs, etc.

America is not an important exporter. Few things it produces are
becoming cheaper anyway, just look at the price of Microsoft's
software in Europe. Have the prices fallen in line with the currency?

America has no future in manufacturing, especially given much of it
has already been sent to China etc. It's future lies in services and
innovation, of which not much new is emerging at the moment.
--
---
DFM - http://www.deepfriedmars.com
---
--

On the particular moment of Sat, 15 Mar 2008 20:23:43 +0200 in
relation to Mary's disappointingly immaculate rumpy pumpy, Markku
Grönroos put forth:


"Hatunen" kirjoitti
viestissä:563ot3tk4mtgqfa6g6eprl1tni4eic7jo1@4ax. com...
On Sat, 15 Mar 2008 19:39:55 +0200, Markku Grönroos
wrote:


"Hatunen" kirjoitti
viestissä:8o1ot39nf2u4kkmu1jbn0uloclvhucssnh@4a x.com...

But equally importantly, it makes American goods cheaper to the
rest of the world, increasing American exports and creating more
jobs, etc.

Unless European institutions insist that Americans are dumping prices of
the
export goods and introduce hefty tolls at borders and ration import. This
has been a common instrument in the USA when dollar has been expensive
relative to the European currencies.

Which has what to do with when the dollar is cheap relative to
European currencies?

Read the first sentence once again. With thought this time. You almost got
it in one.

He's right on this one Dave. If the US imposes all sorts of indirect
costs to cover the lost of the falling dollar, it is not remaining
competitive.
--
---
DFM - http://www.deepfriedmars.com
---
--

On the particular moment of Sat, 15 Mar 2008 21:02:51 +0100 in
relation to Mary's disappointingly immaculate rumpy pumpy, Magda
put forth:

On Sat, 15 Mar 2008 19:53:40 -0000, in rec.travel.europe, "JohnT"
arranged some electrons, so they looked like this:

... "Hatunen" wrote in message
... ...
... On Fri, 14 Mar 2008 19:01:14 +0100, Dusty Furtile Morrocan
... wrote:
...
... On the particular moment of Fri, 14 Mar 2008 09:20:27 -0700 in
... relation to Mary's disappointingly immaculate rumpy pumpy, Hatunen
... put forth:
...
... On Thu, 13 Mar 2008 15:24:53 -0700,
... "EvelynVogtGamble(Divamanque)" wrote:
...
...
...
... Mxsmanic wrote:
... Hatunen writes:
...
... Problem for whom?
...
... Many financial organizations in Europe, and some EU governemnts,
... think the euro has risen too far, too fast.
...
... But the euro has not risen; the dollar has fallen. That's an
... important
... distinction.
...
... One I was also trying to make - but it fell on deaf ears.
...
... Why is this distinction important, and how and to whom?
...
... It's important to Americans, because a rising Euro would make one part
... of the world more expensive, while a fallen dollar makes nearly
... everywhere more expensive.
...
... But equally importantly, it makes American goods cheaper to the
... rest of the world, increasing American exports and creating more
... jobs, etc.
...
...
...
... That may well have been so until a generation or so back, but nowadays you
... import everything from China. What American goods did you have in mind?

Guns?

Gimme a Kalashnikov any day. At least I know it's reliable.
--
---
DFM - http://www.deepfriedmars.com
---
--

On the particular moment of Sat, 15 Mar 2008 10:33:28 -0700 in
relation to Mary's disappointingly immaculate rumpy pumpy, Hatunen
put forth:

On Fri, 14 Mar 2008 19:03:50 +0100, Dusty Furtile Morrocan
wrote:

On the particular moment of Fri, 14 Mar 2008 09:23:10 -0700 in
relation to Mary's disappointingly immaculate rumpy pumpy, Hatunen
put forth:

On Thu, 13 Mar 2008 15:23:34 -0700,
"EvelynVogtGamble(Divamanque)" wrote:

It's getting to a point where they CAN'T - and it will be a definite
problem in the American Southwest, where "public transportation" is
largely non-existent!

That's silly. They'll just start buying more economical cars,
like they did during the gas crisis some decades ago.

And there's transit in the southwest. Why, Phoenix is
inaugurating its new light rail system, isn't it?

By roughly how much are they expecting car usage to drop?

Damned if I know.

Can we take Mixi's answer as a guestimate then?
--
---
DFM - http://www.deepfriedmars.com
---
--

The mighty dollar is wobbling - it may be childish, schadenfreude or
just daft but ¡Yippee! ... and since we pay for our petrol in USA
dollars which are cheaper for we Europeans, how come we don´t see
cheaper prices at the pumps?