XPost: soc.culture.russian, soc.culture.french, soc.culture.europe   
   XPost: soc.culture.german   
   From: AHigherCalling@SemperFi.org   
      
   "Jan Brothe"  wrote in message   
   news:YTDzd.34946$uM5.19099@bgtnsc05-news.ops.worldnet.att.net...   
   >   
   > "True American Hero"  wrote in message   
   > news:dpmzd.10256$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.   
   >   
      
   If you buy a 7E7 from Boeing, they throw in a free cell phone. So telco   
   costs are not a problem.   
      
   >>   
   >> >   
   >> >   
   >> > 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.   
   >>   
   >> >   
   >> >   
   >> >   
   >>   
   >>   
   >   
   >   
      
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