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To: GodGunsGuts

This just makes our products cheaper for the Euro-weenies.


2 posted on 11/29/2006 8:49:12 AM PST by Lunatic Fringe (Say "NO" to the Trans-Texas Corridor)
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To: maui_hawaii; AmericaUnited; traviskicks; Thunder90; GOPJ; OregonRancher; expat_panama; remember; ...

ping


4 posted on 11/29/2006 8:52:34 AM PST by GodGunsGuts
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To: Lunatic Fringe

Also makes their cost of doing business higher.

de Villepian is barking about the Euro's strength against the USD and JPY because Airbus sales are in USD, but the costs are in EUR, so they get hit on both sides. Hedging costs will increase as the USD weakens.

Since Airbus is really Europe's poster child for EU business, maybe some exchange rate controls are not far off the horizon if the USD remains weak.


22 posted on 11/29/2006 9:20:18 AM PST by Reagan Disciple (Peace through Strength)
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