The article on this thread link said 1.80 for 1 Euro. Right now it is about 1.30....Beyond that we would have some problems, imo. Why anyone would want to invest in Euro's, is beyond me. I just don't see the long term stability of it.
BTW, a very good article from the Economist:
http://www.freerepublic.com/focus/f-news/1295875/posts
We're going to feel some effects very soon, like higher interest rates and inflation. Like in January. I expect the dollar to bounce back up a little very soon, too, though.
what effects? higher prices for euro goods? who cares. higher oil prices? they have been falling. our interest rates were going up anyway.
if we can break the yuan peg, this euro/dollar thing will level off.