First, this is heavily subjective. I don't know what your sources are but coming out with such conclusion without any research backing you up does not make this reliable at all. Second, euro is one of the strongest currency in the world, even if it falls for a bit it will not be that bad. Third, Europe has been one of the center of tourism in the world not only for its currency but for its history, tourist spots and rich culture.
I was expecting an analysis of the current global economy, not an opinionated claim without any research to back it up.
Topic: Im owner of wealth club and here is my forecast about global economy - page 2. (Read 252 times)
August 05, 2023, 12:43:56 PM
August 05, 2023, 12:09:28 PM
Euro is one of the strongest currencies in the world and even if it falls a little bit, I don't think it will become that cheap compared to most currencies in the world. Maybe it can be a great deal for americans and british people with their dollars and pound sterlings, but for the rest of the world it won't make difference anyway, as Euro will still be stronger than their local currencies. I believe the worst western european economy is, it never compares to how bad the situation is at Latin American, Africa, Eastern Europe and Asia.
Me and few of my smart friends who knows aswell about markets and finances we not gona hold euro i'll hold metals gold btc and other crypto but not euro off course i convert into euro only if i want to buy or use eur currency.
August 05, 2023, 09:48:56 AM
Get ready for weaker euro off course it has quite good economic stimulus factor we can can expecting boom and bullish european construction and real estate markets.
Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.
Thanks and enjoy the Reading
It is too early to come to a conclusion like this, we know that fiat conditions, especially both Euros and Dollars, are currencies that are always used as a benchmark. Not only from an economic perspective in the tourism industry, because the tourism context only relies on one source of income. For example, a tourist or local or foreign tourist besides focusing on the budget to get to a destination in Europe or anywhere else will use many facilities ranging from renting houses, public transportation, food and drinks. Watching fiat cycles means the government is ready to print more money but foreign demand usually increases its value. Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.
Thanks and enjoy the Reading
August 05, 2023, 09:36:38 AM
Get ready for weaker euro off course it has quite good economic stimulus factor we can can expecting boom and bullish european construction and real estate markets.
Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.
Thanks and enjoy the Reading
Your assumptions may not sound right. First, what is your argument to say euro will depreciate or is deprecating? You can not make a statement of a weaker currency without measuring it with either dollar, pounds or any other currency. Like last year, you could say euro exchanged weaker against dollar so which currency is it weaker on? And moreover, you thinking of vacation not because of the speculation of a weaker euro but for the need not advantage.
August 05, 2023, 09:30:40 AM
Need valid data to strengthen your estimate on the euro, your assumptions are too far about the conditions that will befall the euro. your research needs strong sources and comparisons based on past cycles. Even if the euro weakens as you would expect, there is no guarantee that the number of tourists traveling there will increase. The government will not remain silent with the conditions that have befallen their currency, of course there will be actions taken to increase the euro exchange rate.
Those of us who left comments here have read every phrase you wrote in the Op, the conclusion from your writing is only that the weakening of the euro can attract tourists to visit Europe.
Those of us who left comments here have read every phrase you wrote in the Op, the conclusion from your writing is only that the weakening of the euro can attract tourists to visit Europe.
August 05, 2023, 09:22:06 AM
Euro is one of the strongest currencies in the world and even if it falls a little bit, I don't think it will become that cheap compared to most currencies in the world. Maybe it can be a great deal for americans and british people with their dollars and pound sterlings, but for the rest of the world it won't make difference anyway, as Euro will still be stronger than their local currencies. I believe the worst western european economy is, it never compares to how bad the situation is at Latin American, Africa, Eastern Europe and Asia.
August 05, 2023, 08:49:29 AM
The name of the club the op owns doesn't say anything to me, to be honest, so let's just focus on the prediction of the weaker EUR. For a prediction to be scientific in nature, there should be a way to falsify it (to disprove it). For that, we need more details. When will the EUR get weaker, by which point in time? How do we measure it? Is it inflation rate, value against something like the USD, or something else entirely? How much of a difference from 2022 would count as 'weaker'?
Without any of that, it's just a vague phrase that some can agree of disagree with, but which there's no way to confirm or refute.
Without any of that, it's just a vague phrase that some can agree of disagree with, but which there's no way to confirm or refute.
August 05, 2023, 07:50:45 AM
Im owner of wealth club and here is my forecast about global economy
When I read the title of your thread, I expected to see your analysis of the global economy, but to a great surprise, you deviated and only mentioned Europe's financial weakness as a key to tourists attraction. Maybe next time you pay attention to how you title your articles.
Not only that, other factors to attract tourists are supported by various aspects of comfort, security, responsiveness of local residents and in Europe strategic places still have quite expensive prices, especially if newcomers who try the travel experience are minimal, need funds to pay guides .
You are correct. Anyone planning vacation must have set out a nice fund that is able to sponsor their vacation. So, weakness of a country's currency shouldn't be a major determinant of their vacation destination.
Moreover, as Europe's currency is getting weak, so also the currencies of other countries are getting weak. Weakness of fiat is a universal problem which the highly centralized government cannot solve.
August 05, 2023, 06:13:21 AM
Im Wealth Club 777 owner and here is forecast for econoy
On what facts are your research base on, how comes you arrived at this much, what's the source to your analysis, on what parameters are you working on to have something new to offer the economy to stability or do you think your club name is only needed enough to give the necessary informations required through its reputation and that's if it has any.
Thanks and enjoy the Reading
What makes you think even a single person enjoy a bit of your phrase not to talk of the entire contents you wrote without direction.
August 05, 2023, 05:51:18 AM
What should I read and absorb from your words other than talking about the tourism sector by saying that a weak Euro attracts tourists. Isn't the increase in tourist arrivals from various countries having an impact on the demand for euros so that the strengthening of value is emphasized more than weakening, as a result there is a rotation of the local and non-local economy in it including transportation. Not only that, other factors to attract tourists are supported by various aspects of comfort, security, responsiveness of local residents and in Europe strategic places still have quite expensive prices, especially if newcomers who try the travel experience are minimal, need funds to pay guides .
August 05, 2023, 12:51:58 AM
Im Wealth Club 777 owner and here is forecast for econoy
The many years back UK banks LIBOR scandal and SWAP deals to Europe Banks and many other indicators can tell us only one thing that euro is about decouple from much more from other Western world fiat currencies.
Get ready for weaker euro off course it has quite good economic stimulus factor we can can expecting boom and bullish european construction and real estate markets.
Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.
Thanks and enjoy the Reading
The many years back UK banks LIBOR scandal and SWAP deals to Europe Banks and many other indicators can tell us only one thing that euro is about decouple from much more from other Western world fiat currencies.
Get ready for weaker euro off course it has quite good economic stimulus factor we can can expecting boom and bullish european construction and real estate markets.
Once again europe Will be good vacation destination becouse of weaker euro specially by usa and british tourists.
Thanks and enjoy the Reading
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