PPRuNe Forums - View Single Post - Airbus long term survival threatened
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Old 25th Nov 2007, 20:58
  #7 (permalink)  
fantom

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Join Date: Oct 2001
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Hmm...yet another opinionated post by 411A.

Quote: "The US Dollar is still the currancy of choice."
Maybe he meant 'currency' but we'll let that go.

Perhaps 411A has no concept of what is going on in China and the effect the Renminvi/Dollar/Euro rates are having.

How about India?

Face it: the US Dollar is being dumped by major ex-holders. The fact it is becoming less useful is hurting proper producers who contracted in the now-failing US currency. Airbus is one, agreed; no need to gloat about it. Should we gloat about GM or Ford?

What is the Fed doing? Nothing. Chinese? Nothing. Why should they, when European producers suffer?

Sorry, 411A; you and very many of your, once great, producers are history.

For proof, look at the cars on your roads: BMW; Mercedes; Toyota; Mazda; Honda; ... I rest my case.
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