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There's noise coming out of European economists that the Euro is becoming badly over valued, and their starting to worry.
Maybe that Paris vacation will become affordable once again. g -- Mike Kanze "As house prices fall, a huge amount of financial folly is being exposed. You only learn who has been swimming naked when the tide goes out - and what we are witnessing at some of our largest financial institutions is an ugly sight." - Warren Buffett, Chairman, Berkshire Hathaway, in his 2007 letter to shareholders "Steve Hix" wrote in message ... In article , Herbert Viola wrote: In article , Mike wrote: 4. Cost/price. This was the factor in which many observers expected the Northrop-EADS team to shine, because EADS subsidiary Airbus usually underbids Boeing in commercial competitions. But Boeing compounded its difficulties in the eyes of reviewers by failing to adequately explain its assumptions in calculating the cost of developing a tanker. The resulting low confidence in Boeing cost projections undercut its claims of lower life-cycle costs. Northrop was rated higher. What happens when the dollar continues its fall against the Euro? If. There's noise coming out of European economists that the Euro is becoming badly over valued, and their starting to worry. |
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