If you’ve watched or read any news this week, you may have heard that the Euro–the European form of currency–dropped SIGNIFICANTLY in value. What’s it mean to you? According to a New York Times article, European exports may become more affordable around the world. But, if you’re not out shopping for an Italian sportscar today (if you are, please pick up an extra for your friendly librarians), you may wonder what a financial crisis in Europe can really mean to all of you home here in the U.S.A.
You may want to check out The Euro: The Politics of the New Global Economy (Marsh 2009) for some insights. Another good Rentschler Library book is Panic: The Story of Modern Financial Insanity (Ed. Lewis, 2009), especially for learning how international trade & markets have impacted the U.S. in recent years. Curious about the European exports? Take a gander at Euromarketing: Effective Strategies for International Trade & Export (Eds. Kaynak & Ghauri, 1994).
Or, you can just go to Ferrari’s website and start picking your paint color. Note: We’ll take the Blu Medio Metallico please.