[Timesink]

The Euro: Doomed to Extinction.

[Joe Boucher]

french economy in the toilet?
Priceless.

[longtermmemmory]

are euro's evaluated by analysts the same way Enron was praised as a good buy by analysts? It really is supect because the euro paper money (5 and up) is printed by the european finance band BUT the coinage (2 and down) is printed in the individual nations. What is to stop france from printing a few extra coins.

[blackdog]

There is only one good product from the EU debacle. It is the legal cap on defecit spending. In this country I wish they would just lay off every gubmint supervisor. The title itself is conflicting.

In huge defecit states they should start by laying off every employee alphabetically. Keep going thru the alphabet each week until the budget balances. That's about seven months until you hit "Z". I bet they would get things balanced by the time they got to the letter "E".

[Dog Gone]

The nice thing about a weakening dollar is that it hoses the French. But tough. It makes our exports more attractive and their exports less attractive.

Not that we were in the mood to buy them, anyway.

[RJL]

"I want each ministry to work out a cost-cutting plan which will enable us to finance our priorities," he added, repeating that he was still counting on 1.3 percent growth in gross domestic product this year and 2.5 percent in 2004.

I wonder if he factored in the loss of Iraqi and American monies that won't be coming in?