german export & euro rates

[shortbutfast]

i came across this bloomberg article doing some research. considering the recent high [euro] exchange rate i believe that, for now, this is real good news for germany as with the ever-climbing euro, exports were expected to slow down but actually have not.  "Unemployment fell last month to the lowest level in more than 15 years". some good news on

Comments

[lied_ohne_worte]

As for the cut, if you're interested: the Rich Text Editor (which I guesss you've been using for this entry) has a button to do it, and this FAQ explains how to use it.

[shortbutfast]

thanks! did the cut now.

[vesleskjor]

*Whimpers at the dollar exchange rate* This is very bad for my trip I'm planning :/

[shortbutfast]

yeah, it would be. when are you going? where to?

[vesleskjor]

Stupid dollar. I hate it. I was hoping to go to Berlin this December.

[shortbutfast]

ah well, who knows what the rate will be, maybe you'll get lucky. i'm not an expert but i'd say it can't go much higher now as it would simply kill exports and have all kinds of effects. here's an ny times article from 5 years ago that i find rather interesting in hindsight: http://query.nytimes.com/gst/fullpage.html?res=9803E3D6153EF93BA25756C0A9659C8B63

"... it was $1.15 per euro - If it goes much beyond $1.25, we've got a problem,"

that was in 2003 and now we're at almost 1.58... hmmm.

[shortbutfast]

oh wow, that would be really bad right now. are you military?

[shortbutfast]

ahhh, spies then.

[breakingthrunow]

Did you know that some stores in New York now take EURO to make it easy for all the European who come over to shop? I found that thought amusing, considering...

[shortbutfast]

what is the world coming to?! ;] everybody wants to come over to shop, that's for sure. i think between the 4 of us we've had about 30 requests for sightseeing tours with shopping now, lolz.