The real solution is to have 2 EU's. One comprised of all of the "have's" countries like Germany, France and all of the Northern European countries where they are making money and another comprised of all the "have-not" countries like Greece, all of the Eastern European countries and the southern European countries and let them fix their own respective currencies more fitting to their economies.
USD risk
- Thread starter misterkel
- Start date
The real solution is to have 2 EU's. One comprised of all of the "have's" countries like Germany, France and all of the Northern European countries where they are making money and another comprised of all the "have-not" countries like Greece, all of the Eastern European countries and the southern European countries and let them fix their own respective currencies more fitting to their economies.
The markets think that the US is swinging to the left, which guarantees the slowing of US growth prospects.
France? Are you mixing up your liking of French food with the fiscal state of France?
Uh, well... I had planned to investigate the rationale for why people considered each currency, and see if it made sense. Also, if a couple of currencies were strongly represented (half of the respondents favor the Swiss currency, for example) that would suggest a stronger look.
But, yeah, I'm just asking for opinions to follow blindly as you suggest.
True, and I'm concerned that the changes in Presidential Administration and the GoReC (Government Response to Covid) may cause / is causing a breakdown in the USD.
Obviously, nothing is for sure, but I'd like to move some dry powder into another location. Nobody seems to have any solid currency suggestions, though. Which, in its own way, is even more worrisome.