XPost: soc.culture.russian, soc.culture.french, soc.culture.europe   
   XPost: soc.culture.german   
   From: jbrothe@hotmail.com   
      
   "True American Hero"  wrote in message   
   news:dpmzd.10256$iT5.2504@fe11.lga...   
   > >   
   > > The Euro is currently about 12% over parity, that is to say at its   
   > > introduction it was at $1.17, so the rise you see is completely   
   > > relative. Furthermore you do not take into account the costs of changing   
   > > currencies, nor the cost of parts which, if Boeing was chosen, would   
   > > have to be paid for in fluctuating dollars as would any necessary   
   > > technical assistance and training etc. I don't think you'd make a very   
   > > good businessman.   
   > >   
   >   
   > Technical assistance and training are a very small percentage of the   
   overall   
   > purchase.   
   > But yes, better to pay a 35% surcharge for the benefit of making the   
   > purchase in stagnant Euros!   
      
   When it comes to huge transactions like airplanes, especially where   
   all the perks are thrown in the currency exchange has small bearing   
   on the sell. What's more important are the longterm costs, technology,   
   service, i.e. Atleast that's what holds true in expensive Telco   
   infrastructure   
   sales.   
      
   >   
   > >   
   > >   
   > > So says the great economist. France doesn't have a deficit of 500 US   
   > > billion dollars and a plummeting currency that no one wants any more. Do   
   > > you know the fable about the tortoise and the hare?   
   > >   
   >   
   > France will exceed the EU budget deficit again in 2005, just as in 2004   
   but   
   > the EU will look the other way...applying one standard to the smaller EU   
   > members and an altogether different standard for France and Germany.   
      
   Deficits here and there are not too bad what's worse is the mounting   
   debt that US needs to service. The so far housing engine may bust if   
   if US will need to radically raise the interest rates, which may spell doom.   
      
   >   
   > France will eeek out 1 or 2% growth for 2004 but inflation will exceed   
   that   
   > growth. End result: for those few Frenchmen that actually do work for a   
   > living, they will have less real buying power in 2005.   
   >   
   > The budget deficit is great for the US. Europe must fund it or their   
   > economies will collapse. A Europe with no USA to export to...hah-hah-hah!   
      
   Germany has seen export increases by 10% and only 1/10 of those   
   exports are to US. The US is constantly becoming a smaller fish   
   in a larger pond. Besides there are other growing world markets   
   especially Asia. Motorola has invested more in China then anywhere   
   else in the world. The US needs to wakeup, curb in its excessive   
   waste of money on useless military projects. BTW why isn't the   
   ECB all that worried about the rising Euro because (i) their energy   
   is cheap (ii) the Euro is entrenching itself into world bank reserves.   
   I don't care what anyone tells me there is no better substitute for a   
   powerful currentcy, as the British pound fell so did Englands dominance.   
   Additonally I'd rather have small growth then growth at the expense   
   of debt, especially if more $ can't be printed as in the past.   
      
   >   
   > French wines are 15% more than last year but USA and Aussie wines are   
   > already outselling them. The dimwitted French over-planted too.   
   >   
   > I see all the Euros are coming to the US on shopping sprees now. Cheap   
   > prices and they escape the suffocating European taxes! So Johnny-boy, when   
   > ya comin' to the USA to stock up on Mc Donalds cheeseburgers????   
      
   That's good, but it will take decades to affect the trade deficit.   
   And with Mr. Bush in power things aren't about to get better.   
      
   I think what's most worrisome are US markets, who wants to invest in   
   a falling currency. Also its true that an America who's consumers are   
   hurting will hurt the whole world, there need to be other economic   
   engines besides US. The painful reality though is that Americans compared   
   to Europeans have such  a lower standard of living or security I should   
   say, and meanwhile the US government continues to reach for the stars,   
   instead of necessities.   
      
   - JB   
      
   >   
   > >>> On paper the 350 looks better than the 7E7.  Moreover, Airbus has   
   > >>> configurated their planes rationally so that a pilot trained   
   > >>> to fly one model and be trained easily to fly an upgraded model.   
   > >>   
   > >> The practical matter is that pilots don't switch aircraft so this   
   > >> means little.   
   > >   
   > > Pilots don't have the slightest choice in the matter, their bosses buy   
   > > the planes and they learn to fly them. You'd be pretty crap in the   
   > > personnel section too it seems to me.   
   > >   
   >   
   > Yep...and their bosses prefer to keep then *IN* the cockpit making money   
   > instead of training them.   
   >   
   > >   
   > >   
   > >   
   >   
   >   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)