I remember when the Euro was below the dollar—and wouldn’t mind seeing that again.
Give it some time. You will see the Euro completely collapse.
It’s not far away - 1.05 right now.
1.055 now and looks to flutter just below 1.06
I remember 4DM for the dollar. A bier in Munich cost me a quarter.
When it started, the Euro was worth about 80 cents. Very, very quickly, it was worth about $1.40. That was ridiculous.
It won’t just be below the dollar, the euro will be gone. Just a matter
of time.
when I came back to Italy, I prefer the dollar actually and that was 2 years ago. I could buy more with the dollar even with the Euro almost at par back then. Businesses in Naples wanted my dollars, believe me..
I toured Europe in 2000 when the Euro was worth something like $0.60.
What a trip that was. I passed a real estate office in South-Eastern Holland where they had color laser printed pictures of nearby homes for sale. There was a big three storey Dutch home from the 1800s with modern furnishings inside sitting on a few acres of land that came included with a medieval stone fortress that was apparently once a Christian abbey of some kind and there was a remnant of a Roman road on the property. It was selling for way less than my house in California.
I bought some high end Puma and Adidas sneakers for about $20 a box. Big hearty dinners were like seven bucks. The only thing expensive was the plane tickets.
The EU is a sick horse. It needs to be put down.
Be careful what you wish for. The stronger the dollar becomes, the worse for our exports.