"European small fry are feeling euro pain"

[Storebought]

An article from the IHT on how the sinking dollar (in reality, overpriced euro), is hurting Europe's economy:

http://www.iht.com/articles/2004/12/01/business/euro.html

I said as much in a widely-maligned post a few days ago: An expensive euro hurts European industries because (1) their economies are much more dependent on exports than the US (2) the major destination of their goods and services, besides themselves, is the US (3) the US won't buy expensively made European crap, viz. recent Mercedes-Benz models.

In stealth, the US is trying to force the continent to lower their interest rates.

[Storebought]

But take a look at the first profile of their 'screwed' European sarariman--he lost 10 thousand in profit over a 1.5 million deal, poor poor baby!