Quote:
Originally Posted by BBKing
Well, the Euro is soaring at the moment, so it's a lot more pounds than it was a few weeks ago. Anyone going skiing soon (like me) is going to get a nasty shock.
Wasn't too healthy in 2003, but remember they're a lot better insulated against banking crises (because they still have a decent manufacturing industry, not having bet the farm on a finance and housing boom like us) and oil and gas prices (because of les nukes and les TGVs). With the Euro going up their stuff will be more expensive to dollar countries (and us) but within the eurozone it makes no difference.
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I wonder how long their decent manufacturing industry will survive.