Friday, November 20, 2015

What has the Great Recession (Caused by 9-11) done to Europe?

($1 = 0.9394 euros) This is the ratio between a dollar and a Euro today.

When I went to Europe around 2009 it was $1 equals 1.65 Euros

So, if I take 1.65 and subtract .9394

So, if I did this right this is a 43% drop in the price of the Euro in comparison to the dollar since around 2009 when I was in Paris.

This is what the Great Recession in Europe did to Europe by devaluing it's currency y 43% since 2009 in relation to the dollar.

However, a money trader might say, "There were many factors beyond the Great Recession in Europe that dropped the Euro this low."

And yes, this is true. But, if ISIS can fund what happened in Paris a week ago with $7,500 you have got to know the response has already cost millions and millions of dollars that Paris could have been doing much better things with instead of trying to kill ISIS soldiers with.

So, unless the western world starts getting really cost effective at ending ISIS logically, the Western World (including Russia) are over.

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