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<p>[QUOTE=&quot;Ginger1, post: 1993940, member: 72388&quot;]The Euro is going down in value also. As is the pound. What we are seeing is a difference in the rate of devaluation.</p><p><br /></p><p>The simple answer is that europe and the rest of the world are not funding the most expensive military in the world. Another factor is that as the dollar dropped, people went into the euro for safety. </p><p><br /></p><p>But keep in mind that a stronger euro in relation to the dollar did not cause a wholesale price drop in goods--oil, food etc. Think about this- the &quot;value&quot; of the euro went up, but prices went up too. All thats happened is that they have a little more cushion when the global economy drops.But thats only temporary.When the EU governments cannot fund social welfare programs, the real pain in europe will start[/QUOTE]</p><p><br /></p>

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