Euro may become top reserve currency by 2022--study

Reuters ^ | Fri Aug 5, 2005 02:19 PM ET | Reuters

[tomjohn77]

Where is Statoil on the ranking?

[tomjohn77]

I think that is right

[tomjohn77]

Well it looks like the Americans have been priniting more recently. Okay I am not from the EU so I am neutral here.

[tomjohn77]

Anyway in the year 2020 the Chinese economy will be the biggest. Later the Chinese economy will become almost as big as the US and the EU economies togheter. Maybe the new reserve will be Yuan. Just a thought.

[finnigan2]

I tend to support Mark Steyn's observation that the EU seems to think that if you combine enough struggling economies then together they somehow produce one super economy. The whole cannot be greater than the sum of it's parts and, on the whole, European countries are in a high unemployment, rising social costs, low productivity, high Moslem immigration rate death spiral.