Discussion in 'Forex' started by crgarcia, Oct 18, 2008.
--Europe still has latitude to cut rates and they will now that inflation is less of a concern. also, their banks are just as fucked as our if not more, so they'll have huge deficits too.
--the Yen will lose its status as a safe haven once the crisis recede, they need a weak yen for exports, also carry trades will resume.
--Both Obama and McCain would spend less and restore the $. "Deficits don't matter" asshat Cheney is on the way out.
1.25 vs the Euro is coming.
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