Seeing as U.S.A economy is going to get boost once obama is elected - people who have lots of money in euros to buy millions of dollars and after some years they translate it back to euro ? i just thought about this as this could be easy way of making lots more money than you have now . Would you do it?
There's whole investment firms that do just this. The big money right now is on the Euro. I'm an American, but really, Europe is the new tomorrow. The U.S. is fading.
There's whole investment firms that do just this. The big money right now is on the Euro. I'm an American, but really, Europe is the new tomorrow. The U.S. is fading.br0kenrabbit
[QUOTE="br0kenrabbit"]There's whole investment firms that do just this. The big money right now is on the Euro. I'm an American, but really, Europe is the new tomorrow. The U.S. is fading.comp_atkins
half right. china is the new tomorrow :wink:
China is growing quickly, but they're still way, way down there. They aren't going to catch up any time soon.
There's whole investment firms that do just this. The big money right now is on the Euro. I'm an American, but really, Europe is the new tomorrow. The U.S. is fading.br0kenrabbit
seems like you know alot about it - but europe is quite wide and has contrasts i mean could you really compare poland to france?
And I can think of many investments that are safer than that.
What's your predicted rate of return?? Remember to subtract the risk free rate. What's the market looking to return over that time (you need a benchmark)??
Arbitrage can be very, very risky. Sure, there are firms and people who specialize in it. But it has also put a lot of firms out of business.
[QUOTE="br0kenrabbit"]There's whole investment firms that do just this. The big money right now is on the Euro. I'm an American, but really, Europe is the new tomorrow. The U.S. is fading.Fele7
seems like you know alot about it - but europe is quite wide and has contrasts i mean could you really compare poland to france?
The future is multi-national, which is just what Europe is. Since they are (most) all on the Euro, one countries faltering economy can be bolstered by the others, allowing it to recover quicker. Whereas with a world based on the dollar, when our economy falters we drag everyone down with us.
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