Quote:
Originally posted by body
?uro should kick the $ as no:1 currency, USA is a third world nation LOL
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I am by no means a US cheerleader, but your statement is flat wrong, long term.
Do you honestly think the EU will last?
I base all of my statements on modern history. Has Europe ever been able to get along for extended periods of time? I would suspect Ireland or Belgium to jump ship within 10 years. France will continue to try be the leading state, and push Germany's face in the dirt whenever possible. Germany will only accept restrictions on their ability to control their own economy for so long. Germany is Japan, and if the Euro hadn't been introduced, producing inflation, Germany would be down for the count right now - worse then they already are.
The whole thing is a disaster.
So will the Euro become the number one currency? Possibly, but not because it is any better than the USD, it just merely sucks less.
Buy gold.
-dd