vindobona

vindobona

0p

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17 years ago @ Contrarian Profits - US Dollar Falls vs Eur... · 0 replies · +1 points

Next year € vs $ will be 1.7 before and then 2.1.
The public debt (with FNM and FRE as normally considered in EU)/Gdp is 130% like Lebanon or Jamaica.
The global debt (private+public)in Usa /gdp is 835% vs 140% of EU.The $ is in decadence and i suggest to have debts in $ and credit in €.
Thanks.

17 years ago @ Contrarian Profits - US Dollar Due Another ... · 0 replies · +1 points

I thik your forecasts of $ vs € are too good.
First of all mediterranean € countries won't ever leave the Mastricht edges.Italy for istance has planned its financial position for 3 years.Second with a strong € in EU societies sell less but buy good at very low prices setting inflaction low.Third in eU there are so many states (5 mln people) that the risks are more distributed than in Usa.Fourth UK is te most weak EU state because of its high exposition towards american bonds.
Fifth considering the FNM and FRE debt (national societies) the global public debt of Us /Gdp is about 130% like Jamaica or Lebanon.In EU the debtìbts of statal societies are counted in the global debt (it's the realty).
In EU the public debt/ Gdp is about 75% considering everithing.
Sixth (and this is very out of numbers and make understand the very long weakness of $ and decadence) the global Usa debt (private+public) /Gdp is 835% against 140% of EU countries.

To close next year € (independently from the stock excahanges trends) will touch EASILY 1.7 and then 2.1 vs $.