Understanding
God and his nature, has made me capable to foresee what will happen in the future,
mostly for macro situations, meaning that I cannot foresee what might happen to
individuals, including myself.
Several months
ago – probably more than a full calendar year – I told to my real sister in
Verona that since the USA had been very light with its economy while EU made
the USA much heavier than normal (complete economic crisis resulting in USD weakness with EU unnatural
strength) Now we
are going to see the gravitational weights of these 2 continents either balance
themselves (as
my sister wishes) or
make a complete turnaround of positions, meaning that the exchange rates USD/EU
are (already) going to re-balance themselves in
their “natural ”positions of USD strength vs. EU weakness.
As I always
do I put below few links to websites confirming my thesis, that isn’t surely derived from my Ph.D. in economics, it rather
comes from my understanding of the way gravity affects our world.
I remember
growing up when 1 USD was worth 2 Lira, rather than what we have had now, or 1
EU is worth about 0.5 USD, however I’ve been looking at the determination of
the Americans (US citizens) to raise
up to their economic challenge by reinforcing and expanding the infrastructures
in the country while the (all) EU
countries taking advantage of the strength of their currency totally forgetting
to reinforce their economic infrastructures (transportation, like roads and railways plus schools/education,
chemical plants, steel plants – local wars – ISIS – and basic economic
disasters, with Greece going down as the first country of the European Union ).
While this
has a black and white impact on the business of our companies that have a good
business in EU, it’s simple enough to look at the way we did business with EU
in the 80'es and 90'es to learn how to be profitable with a good business, no
matter how the exchange rate can play a strong role in making sales and our profitability goals.
This is the
reason why I believe to be well positioned to help companies that rely on their
business in EU simply because I earned my Ph.D. in Economics in 1989, that was the end of the 80'es and the beginning of the 90'es, a key period for our two economies (USA - EU).
- http://fortune.com/2015/02/17/a-stronger-u-s-dollar-the-winners-and-losers/
- http://www.investopedia.com/terms/forex/e/eur-usd-euro-us-dollar-currency-pair.asp
- http://money.cnn.com/2016/04/27/investing/strong-dollar-weak-earnings-stocks/
- http://www.dailymail.co.uk/news/article-95384/Euro-doomed-weak-currency.html
- http://www.eubusiness.com/topics/fx/currency-daily
- http://money.cnn.com/2015/03/16/investing/us-dollar-fastest-rise-40-years/
- http://www.eurorateforecast.com/
- http://www.businessinsider.com/why-the-dollar-is-strong-2015-1
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