Do you think the euro is likely to replace the us dollar as the major currency?

Quote from short&naked:

The point was that currency unions are inherently unstable and all it takes is one imbalance for things to unravel.
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All currency unions ultimately fail due to the lack of uniform political, regulatory and legal systems to provide support during tough times.
 
Quote from Random.Capital:

It's simpler than that - all currencies ultimately fail, unionized or not.
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Moot if it stays solvent for more than a multiple of the average lifespan.
 
If you believe in the goal of globalisation the masters of the universe have layed out for us you don't want to be betting against the Euro because if it fails it's game over for them.

More likely you will see 3 mayor currencies coming out of this mess that is a European, Asian and American currency and I don't even know if that's a bad thing or not.

The bigger the currency the least people have been affected by the financial crisis so far so why not.
 
Quote from Debaser82:


More likely you will see 3 mayor currencies coming out of this mess that is a European, Asian and American currency and I don't even know if that's a bad thing or not.
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Holy sh*t, and I have all my money in the Russian Ruble...
 
One thing to mention is german public opinion. In germany if you receive some euro notes that were not printed in Germany, eg do not have an x in the serial number you go to the bank and replace them. This is so if the euro fails you will get Deutschmarks and not lira or pesetas.

Do post your essay here before giving it to your tutor.
 
Quote from just21:

One thing to mention is german public opinion. In germany if you receive some euro notes that were not printed in Germany, eg do not have an x in the serial number you go to the bank and replace them. This is so if the euro fails you will get Deutschmarks and not lira or pesetas.
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Holy shit. Who does that? You make it sound like this is a common procedure. It is not. The only people who are doing this are conspiracy theorists, paranoid gold bugs and other tinfoil-hat-wearing indivuals.

I should know, because I live in Germany.

Do not believe everything you read on the internet.
 
Quote from Debaser82:

If you believe in the goal of globalisation the masters of the universe have layed out for us you don't want to be betting against the Euro because if it fails it's game over for them.
More...

It's amazing how people get so worked up over some snappy new term, especially when it's served with a heaping helping of conspiracy.

"Globalization" is nothing more than a race to the bottom -- corporations looking for cheaper labor.

Today it's outsourcing, 30 years ago it was called offshoring.
 
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