Euro to crash???

6 Responses to “Euro to crash???”

1. Eric Says:
   Februar 2nd, 2009 at 08:15

   If the Euro crashes, does this spell the collapse of the European Union? Well, something to think about, anyway…

2. Collis Says:
   Februar 2nd, 2009 at 10:34

   “Spell the collapse of the European Union?” –

   No, Eric.

3. Oli Says:
   Februar 2nd, 2009 at 10:54

   Usually … if the EURO collapses … the US$ has more reasons to collapse

4. Oli Says:
   Februar 2nd, 2009 at 10:55

   Collapse … in the sense of being abandoned as a common currency …

5. Noble Says:
   Februar 2nd, 2009 at 16:31

   Oli,

   From Bernanke’s speech at the London School of Economics.
   http://wordsincontext.blogspot.com/2009/01/bernanke-update-jan-13th-london-school.html

   “In the case of currency swaps, the foreign central banks are responsible for repayment, not the financial institutions that ultimately receive the funds; moreover, as further security, the Federal Reserve receives an equivalent amount of foreign currency in exchange for the dollars it provides to foreign central banks.”

6. Oli Says:
   Februar 2nd, 2009 at 17:19

   I believe … in God … but not in the FED … anyway … THANK YOU!!!

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