I'm no economist, but I stayed at a Holiday Inn last night.
The rest of the world, wouldn't like to see this happen
as it would mean a terrible revaluation for them too.
I only hope those who are hopeing for this get to truly
experience the result of their meddling.
If it happened, though, Europe stands to gain all the more.
Right now, the Euro is valued higher than the dollar, always did.
With the cost of oil being traded in Euros and not dollars, that means that our money loses face value becauseit is no longer needed to buy oil with.
That would make the Euro the strongest currency in the world, and our national influence reduced to that of a military mercenary.
China is taking over manufacturing jobs, imagine what would happen if the value of the dollar plummted, how much more quicker would manufacturing leave the US just to keep making a profit on sales?