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the only animal spirit i see is a koala sleeping in a tree

i dont - i bought a euro import car because i specifically forsore USD weakness and euro strength. oh what a difference a year or two makes! goes to show the dangers of currency trading

I'm saying your timescale of analysis is too short, but i also think the reason behind things is important. give me $1bn and you can idolise me as a billionaire. for the germans to skirk off by themselves after their chequered history would be a cop out

they're only so hard working and productive because of the massive capital injection at the end of WW2. I guess it's nicer to be seen as a studious hard worker than a war mongering economic mismanager. how many times did the d-mark collapse last century? (hint: more than the aussie currency)

the exchange rate is too low anyway so that would probably temper it. as demand recovers they can pick up the ex rate and hold volumes constant either way it forces consumption internally which is needed