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Old 10-02-2008, 08:09 AM  
Bossman
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Join Date: Jun 2006
Location: EU
Posts: 1,263
Quote:
Originally Posted by Ethersync View Post
Simply the Pound, Euro and Dollar are all racing to the bottom. At the moment bad economic news in Europe has pushed the Pound and Euro down more than the bad economic news in America. Also, there is some manipulation going on with central banks to prop the dollar up. Don't get too excited though. It's a temporary thing. The dollar is fucked.
All the big FIAT currencies are backed by each other, so it will be a race to the bottom. If the USD is fucked, then so is the Euro
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