re: #139 Walter L. Newton

Flip side to all that is the tourist industry in places like NYC metro area get hammered when the dollar weakens against the Euro, because Europeans come to the US to do their shopping (they’ll arrive on a Friday with little more than a carry on, and return on Sunday with two bags worth of clothes bought cheap at places like Century 21 or Woodbury Commons outlets) - and make out like bandits vis a vis the exchange rate. That’s been one of the saving graces on the NYC metro area economy, but if the Euro tanks, the tourism industry and business will get whacked. Not good either.