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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
is weak USD and weak US economy. China could try to profit from widening economical divergences in Eurozone. Sell more China products to ever poorer PIIGS. But this is rather speculative as it would have big effects on german ad french midcap industries , which depend on exports to Ezone. Unemployment would raise and eventually there is no economy who could
pay for ESFS and voila Ezone dead and Euro dead. But anyway we don't know how bad things are in China.
" The Rover Group plc was the name given in 1986 to the British state-owned vehicle manufacturer previously known as British Leyland or BL. Owned by British Aerospace from 1988 to 1994, when it was sold to BMW, the Group was broken up in 2000 with the Rover and MG marques being acquired by the MG Rover Group."
but currency much more easily manipulate by country who print them. and this could also be a reason why china not really in.
in china, government try to control inflation by some different methods, maybe by confine food supply, or property tax...