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Originally Posted by bjohnsonsmith
That's all well and good if your economy is fine but if there's a run on the currency, raw materials and shipping costs go up as the value of your currency has fallen.
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If there's a run on the euro and it's gone to where it's a major serious issue, none of the sh*t we're discussing in relation to Dallara would matter because we'll be in the middle of a global depression at which case all racing is hosed regardless.
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By barrier of entry do you mean trade tarriffs?
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No I mean consumer base. More people will buy a good at $40000 than will at $50000. When F1 was under its old economic model, no one wanted to buy in and teams were leaving. When the FIA put in place their cost reductions (like a semi-spec engine in the Cosworth), various groups were jumping to join in. That's what a lower barrier of entry can create.
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But not all of Europe is in the EC and not all EC countries are in the Eurozone.
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Yes, I know. Non-euro European economies though are heavily integrated with the eurozone and vice versa. If Italy catches a cold and declines as you're hypothesizing in relation to Dallara, damn skippy it'll affect Britain too even though the two don't share the same currency.