[extropy-chat] Extropian Scorecard

[Patrick Wilken]

On 8 Nov 2004, at 13:41, Mike Lorrey wrote:

> Financial pressure is about all they can do, really. They don't have
> the military might or will to do anything. Switzerland could come up
> with a larger army in 24 hours than Germany could draft together in 6 
> months.

I am not sure how Germany's army has anything to with the weak dollar, 
perhaps I missed a post.

Here in European the increasing strength of the Euro against the Dollar 
is starting to ring alarm bells. However, at the moment its not so high 
that people are widely panicing. At the moment its about 1.28, and I 
read over the weekend that it could reach 1.35 in the next few months 
at which point some sort of corrective measures are likely to be 
applied. According to the Economist the Euro and Dollar should have a 
rough parity, which if true shows how far out of whack things have 
become.

One practical consequence of this is that its now about 10% cheaper to 
buy books from Amazon.com than Amazon.de, even when taking into account 
free shipping within Germany.

best, patrick