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Euro strength "depends entirely on your vantage point," writes Ambrose Evans-Pritchard. The...

Euro strength "depends entirely on your vantage point," writes Ambrose Evans-Pritchard. The currency looks decent vs. the greenback, but has crashed vs. several currencies. An epic rally is in store for the euro should an EMU breakup - with one or more of the weak states leaving - occur.
Comments (2)
  • Tack
    , contributor
    Comments (12761) | Send Message
     
    Precisely why Germany and a few others don't want and cannot allow the weaker countries to exit. The "epic rally" in the Euro would be accompanied by an epic slide in Germany's export-driven economy.
    20 Jul 2011, 12:43 PM Reply Like
  • tjohn1
    , contributor
    Comments (152) | Send Message
     
    A single currency for disparate economies under its umbrella. It is fundamentally flawed. But you have to commend Europeans for their venture. In a world that wants to separate tribe by tribe it is indeed glorious some want to unite. In the United States we have bumper stickers" United We Stand". Though a single nation union is evident in the U.S only in slogans. The United States is never united and will never be. The U.S can learn lot from Europe. The U.S should also stop pitting one nation against another.
    20 Jul 2011, 01:16 PM Reply Like
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