Euro: the world currency

[Moonman62]

Macroeconomic data say that, apart from political ideology.

Really, what data is that?

[SAJ]

"For a start, the eurozone countries should not have agreed to produce a 500 euro note", said Jeffrey Robinson. 500 euros are worth about $590.

How OLD is this twaddle? EUR/USD is trading @ .8760 as I write this. E500 = $438.00. The article's figures are only off by 38% or so.

Note to whomever thinks macroeconomic factors have anything much to do with a currency's relative value over time: lotsa luck trading, friend -- you'll need it.

[henbane]

Source for article in #40: Crime without frontiers

BTW, some commentators believe the final globalist struggle will be in the creation of the EuroDollar--an unholy union of the Euro and the Dollar.

If this diabolical currency marriage is achieved, then stick a fork into American national sovereignty--it's totally done.

[null and void]

No mention of the nickel allergy potential of the Euro coin. An article about a month ago said the nimrods in charge of the Euro failed to notice that they were launching a coin that might give allergic reactions to approx. 5 percent of men and 15 percent of women that have lots of contact with the coin (and it's nickel content).

Oh bother! The Canadian 5¢ coin is pure nickel. No probelm.

[null and void]

Or does the US want to suck people from all around the world?? That's terrifying...

Not just any people. Only the best, the smartest, the most motivated.

You are not invited...

[Carry_Okie]

Yeah, introduce thost notes and coins in but a single month. Screw anybody who can't get it exchanged when you screw up with the distribution. Flood the planet with E500 notes so that you can inflate at home creating a reserve currency. It will mask the race to deviate from the fiscal requirements that made it possible. Witness Italy. When the dollar collapses and takes you with it, scratch your heads while you give the minions the shaft buying up whatever is left on the cheap. You already blew 20% of the gross capital value of the entire continent when it was first introduced and then crowed about a cheap exchange rate helping exports.

[Jordi]

No prob. After getting graduated i hope to go to work in Luxembourg: better paid, better life. And to keep on spending my holydais on the stunning Mediterranean islands.

[freespeechplease]

Very soon, Russia will adopt the Euro, and oil wil be settled in Euros. Other commodities will follow. What most fail to see is that the dollar is at the end of it's timeline and will be dumped. Central banks will diversify and sell off dollars. 70% of dollars are held out of the United States. When those dollars come home... Hyperinflation. Financial power is shifting eastward. The struggle is now on over who will be the center of the new world order. Blair is covering both sides so Britian can slide either way. The US will fail because the oil is in the east. Unless the US develops a better energy source....toast.

[Moonman62]

Very soon, Russia will adopt the Euro, and oil wil be settled in Euros. Other commodities will follow. What most fail to see is that the dollar is at the end of it's timeline and will be dumped. Central banks will diversify and sell off dollars. 70% of dollars are held out of the United States. When those dollars come home... Hyperinflation. Financial power is shifting eastward. The struggle is now on over who will be the center of the new world order. Blair is covering both sides so Britian can slide either way. The US will fail because the oil is in the east. Unless the US develops a better energy source....toast.

Your doomsday sermon reminds me of Kissinger who convinced Nixon that communism had won, and that the best he could do was negotiate the best possible second position for the United States. And it's parallel with other predictions of the 1970's -- that we were headed for another ice age and that we would have run out of oil by 2000.

[knighthawk]

I live in the Netherlands, so I will have to pay in Euro's after 1 januari. But the major problem with the introduction of the Euro is that many retailers are using the Euro to make their prices higher. The governement even wanted to use the Euro to make fines higher, even while they are telling retailers not to do so. Even if the Euro succeeds in gaining terrain on the dollar, we still get screwed.

[A.J.Armitage]

Not just any people. Only the best, the smartest, the most motivated.

And Mexicans. Lots of them, too.

Mexican chicks are hot, but that's hardly a basis for immigration policy.

[Deuce]

The dollar is at the end of it's timeline and will be dumped.

On the basis of pure economics, this should have theoretically already happened. However, as long as we have a monopoly on the smart bombs, we will call the tune. Mao tse Tung stated many years ago, "political power grows out of the barrel of a gun." So does international financial power.

[null and void]

After getting graduated I hope to go to work in Luxembourg

Okay, you've piqued my interest. What are you studying?

[null and void]

The key word being "want".

[Jordi]

I'm taking a MBA on technology and innovation management

[Jordi]

True, but you miss a key point. If we exclude China, we actually havent' socialism (or communism) vs. capitalism (or liberism). Actually we have two forms of capitalism: one sustainable, one not. Guess which is the unsustainable.

[Jordi]

Your doomsday sermon reminds me of Kissinger who convinced Nixon that communism had won, and that the best he could do was negotiate the best possible second position for the United States. And it's parallel with other predictions of the 1970's -- that we were headed for another ice age and that we would have run out of oil by 2000

True, but you miss a key point. If we exclude China, we actually havent' socialism (or communism) vs. capitalism (or liberism). Actually we have two forms of capitalism: one sustainable, one not. Guess which is the unsustainable.

[Jordi]

The dollar is at the end of it's timeline and will be dumped. On the basis of pure economics, this should have theoretically already happened. However, as long as we have a monopoly on the smart bombs, we will call the tune. Mao tse Tung stated many years ago, "political power grows out of the barrel of a gun." So does international financial power.

You are right. Hope to keep your militar supremacy forever. And pray that China will not grow ugly. Europe is not a danger. Since we have lived two WW's on our skins, we are self-defense oriented. Surely self -defense doesn't mean Uncle-Sam-do-it-all-and -catch-the-prize.

[Jordi]

The dollar is at the end of it's timeline and will be dumped. On the basis of pure economics, this should have theoretically already happened. However, as long as we have a monopoly on the smart bombs, we will call the tune. Mao tse Tung stated many years ago, "political power grows out of the barrel of a gun." So does international financial power.

You should reflect on the fact that actually the "strongest" and "safest" currency of the world is the Swiss Franc. Infact it's appreciating relentless even agaist the US dollar. And Switzerland is a little 7 million people country. But the Swiss are historically peaceful,they are outside the NATO,outside the EU,they don't fight a war since the Middle Age. They have a rock-solid financial system, no unenployment,no inflation, a sky-high pro capita income.

Recent events testify that agressive politics havent'made the US a safe heaven.

Peace ,sometimes,pays.