engineer1

White Noise Around Strong Current Negative Trends

This was a good article but perhaps a little more info than most folks (bulls) are ready for. I only know anectdotal stories of what is going on over there but I do know that some people I work with moved back to Ireland recently and told me it costs 500 Euro a week to feed a family of 4. The housing is almost as bad with declining values and people unable to make the house payments. I heard over there the bank doesn't kick you out when they foreclose they just rent the place to you after. So if anybody learns anything from this article it should be, don't vacation in Europe, the Euro is a bad piece of paper that buys very little, and it costs nearly 2 US dollars to get one. JJ