Are we seeing the beginning of the END of the EURO??

[GeoFisher]

That part of the picture looks good, but as for Europe, there's still a whole lot of uncertainty there, that will have effects over here. A lot of "if's" still out there...

Definitely LOTS of uncertainty. This might be a good time to get on some precious metals.......

Gold is overpriced, and bound to collapse........Maybe..........Silver is my bet.

Later,

Geo

[Chubminnow]

Is this where the world begins using one currency? Or am I way off track in this thinking?

[Big Gills]

PM Harper refuses to give one cent to bail out yet another country or countries that show poor financial responsibility with their money. This has cost Canadians alot of job losses. We dont have the money and neither does the USA to go bailing out other countries. I mean you are going thru your own finanical problems and a recession now yourself and all your money should stay put. Is it just me or has common sense taken a back seat in the economy of the US and Europe?

[GeoFisher]

PM Harper refuses to give one cent to bail out yet another country or countries that show poor financial responsibility with their money. This has cost Canadians alot of job losses. We dont have the money and neither does the USA to go bailing out other countries. I mean you are going thru your own finanical problems and a recession now yourself and all your money should stay put. Is it just me or has common sense taken a back seat in the economy of the US and Europe?

I agree.....but a decade ago the world DECIDED that the WORLD wanted a WORLD economy. That has not worked out. Too many cheaters out there.

The serious players.......those that have stakes in every economy around the world, namely the UNITED STATES, must be proactive and make sure these don't fail and cause failure to the AMERICAN economy.

I'm really concerned about this bull, but I'm MORE concerned about an American meltdown, which would cause so much more crap worldwide than the itty bitty economies around the world that have been puking.

Our economic might is greater than the next 5 in line combined........

http://en.wikipedia.org/wiki/List_of..._%28nominal%29

So yea, the United States needs to do something or the ENTIRE WORLD economy might collapse.

Later,

Geo

[GeoFisher]

There are a lot of "interesting" articles about the Euro, the euro zones, and what it really means.

Lots of our European "allies" were and are secretly betting that the Euro could/would bring down the United States. Now we really see that the Euro is simply an artificially inflated wanna be currency. The GREENBACK rules the world, and WILL rule the WORLD.

Quite frankly, I'm glad the European Union is having to crawl back to Uncle Sam. These countries have not been able to stand their own.........by themselves for 100 years, what makes you think they could create an artificially managed economic instrument ( Euro), and be successful. NOTHING to back it.

This gives future American presidents serious.........very SERIOUS negotiating powers. Very similar to the way China has been able to "push" us around the last few years.

Finally, if China is such an economic power, WHY didn't the European Union and the Central banks go to China for this action. I tell you why, the Yuan is not worth CRAP.......

Later,

Geo

[DJD]

Finally, if China is such an economic power, WHY didn't the European Union and the Central banks go to China for this action. I tell you why, the Yuan is not worth CRAP.......

Later,

Geo

I was wondering this exact thing. Also wondering what caused the collapse over there? I guess part of it was the USA recession? Was it their socialistic ways? More money given out to people than money coming in?

I remember someone posting on here how the USA should model itself after the Europeans since they were doing so well a few years ago. I called BS then and now here we are facing a decision on how to bailout countries with money we don't have??