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Old 11-30-2004, 09:57 AM   #5 (permalink)
illuminati
It's not what you think
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Location: Eastern U.S.
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Re: US Silent As Euro Rushes Higher

Quote:
Originally Posted by Bothwell
Dollar £ rates are also soaring its now 1.88, good news for us Brits visiting the US not so good the other way around.
The way the Euro is governed should not make it more difficult for new countries to join. It is however a problem for any countries signed up to the EMU (European Monetary Union). this dictates interest rates centrally (ie the Bundesbank . The Uk has not signed up yet and I for one do not want my mortgage rate decided because farmers in Poland may be having a hard time.
A buddy of mine just got back from England. Fast food burger = $12.50
I hope they included a napkin with that!

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