The US Airbus deal that possibly backfires against Europe

Skybird · 03-10-08, 06:12 PM

Airbus since onger is flirting with the idea to shift production to America, due to the weak dollar increasingly causing havoc on european industries. But the deal to equip the US Airforce with new tankers may be the first step to make that consideration a reality. The result of the competition may show to what massive degree US economy has lost competitiveness in several key areas, nevertheless the deal could be a benefit for america, and a desaster for Europe - by shutting down thousands of jobs on the old contient, and reestablishing them in the New World. And once established, it is hard to imagine that after the tankers Airbus would not use it's American enterprises to keep production there - of other civilian planes currently manufactured in Europe.

To run the world economy by dollars more and more becomes unaffordable for the non-American world. This is not the first but just the latest in already a series of signals. I wonder how much longer European governments keep pon dreaming - and if they have any means to influence this trend anyway. Ironically, today'S TV news showed a report on tourism in New York - where the first shops of different branches have put up signs saying they exclusively accept Euro as currency, no Dollars anymore (yes, true!), and many shops being very much in favour of accepting euros before dollars.

The story:

http://www.spiegel.de/international/business/0,1518,druck-540485,00.html

03-10-08, 06:12 PM	#1
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,604 Downloads: 10 Uploads: 0	The US Airbus deal that possibly backfires against Europe Airbus since onger is flirting with the idea to shift production to America, due to the weak dollar increasingly causing havoc on european industries. But the deal to equip the US Airforce with new tankers may be the first step to make that consideration a reality. The result of the competition may show to what massive degree US economy has lost competitiveness in several key areas, nevertheless the deal could be a benefit for america, and a desaster for Europe - by shutting down thousands of jobs on the old contient, and reestablishing them in the New World. And once established, it is hard to imagine that after the tankers Airbus would not use it's American enterprises to keep production there - of other civilian planes currently manufactured in Europe. To run the world economy by dollars more and more becomes unaffordable for the non-American world. This is not the first but just the latest in already a series of signals. I wonder how much longer European governments keep pon dreaming - and if they have any means to influence this trend anyway. Ironically, today'S TV news showed a report on tourism in New York - where the first shops of different branches have put up signs saying they exclusively accept Euro as currency, no Dollars anymore (yes, true!), and many shops being very much in favour of accepting euros before dollars. The story: http://www.spiegel.de/international/business/0,1518,druck-540485,00.html __________________ If you feel nuts, consult an expert.