Europe and Central Banks could be in major trouble. The debt levels of these countries are at all time high levels. Some in fact may be taken out of the Euros currency exchange. Along with Greece's financial collapse, other countries like Italy have had the light shown on how bad their debt levels are right now.
They keep covering this but overall the Euro's been a success. Lots of debt talks around europe and lots of debt investment going on right now with bonds.
Yes the Euro has been one of the strongest currencies recently but will it last? It's been only years since it's inception and it has already experienced some massive inflation. Can this currency keep stable amid all the problems? What do you think?Originally Posted by Derrick
How can the Euro have inflation when the EUR/USD has not dropped significantly over these years? Is it because the dollar is also dropping along with the Euro? Are both currencies at a high inflation rate?
The Euro combines several countries under one currency denomination. In concept it is a great idea, and I would like to see it succeed. The Euro has a strong future but it is a little bit sick right now. The Euro just needs to get over it's cold.
The concept and execution has been good. It's a bit revolutionary combining so many country's currencies into one Euro. It should have a good future but who knows. What do you think about it?
They should change some policy and collect the bad debts for improvement of their financial crisis.
Posting Permissions
Reply With Quote