[longtermmemmory]

"...and could threaten the fiscal credibility of the eurozone."


If they are printing it now, then the euro is already in trouble. Is the euro doing well because of what europe is doing or because of what the USA is doing? or just because of anti-americanism wishful thinking?


Since Germany and France are already ignoring debt limits, this crediblity issue is over.

[MegaSilver]

If they are printing it now, then the euro is already in trouble. Is the euro doing well because of what europe is doing or because of what the USA is doing?

Well, what's keeping the Euro so high is our devalued dollar. If we could mitigate our debt a bit, I'm sure we'd be back in the game with the Euro.

Since Germany and France are already ignoring debt limits, this crediblity issue is over.

Right. I remember a German FReeper argued that that move represented a complete breech of the trust that is needed to keep a currency afloat. Thus, he said, the Euro will die: it is now a matter of when.