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Originally posted by: Shimraa
as it is the EU and the euro are very stable, infact the really factor is giong to be china, if china decides to change to the Euro the US dollar will be sunk.and the euro wil sky rocket to the point where it might even beat the pound, if that happens who knows maybe the UK will decide to join and what then.
In the short term the Euro will lose ground. The Dutch voted "no" today, I believe. The economic news in the US is good right now...GDP is up, manufacturing orders are up, inflation is under control.
The US Dollar and BPS are in trouble against the Euro eventually, that's why the US Govt is going to push CAFTA, which is really a move to create an EC type economic sphere between Canada and Mexico (God help us) to compete with the EU, eventually pushing us into a regional government modeled after the EU.