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When will the Euro replace the Dollar?

Aspen79se
I'm betting that when the dollar hits 60% of the Euro countries will dump the dollar. Iran will switch to accepting only it for oil. And, China will dump more of the dollars they have in hold.
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Comments

12 comments

Date Votes
  • cbxjeff
    To a degree it did today.
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  • Aspen79se
    quote:Originally posted by cbxjeff
    To a degree it did today.


    I'm talking large scale.

    Here's a chart of the downward spiral for the dollar over the last five years.

    http://finance.yahoo.com/q/bc?s=USDEUR=X&t=5y&l=on&z=m&q=l&c=
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  • ccddbb95448
    quote:Originally posted by Aspen79se
    I'm betting that when the dollar hits 60% of the Euro countries will dump the dollar. Iran will switch to accepting only it for oil. And, China will dump more of the dollars they have in hold.


    I've owned the Euro since 126.00 now 144+
    thanks, that is one year!!!!!!!!!!!!!
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  • divebomb
    If America dont it together, soon your local atm will be poopin out pesos like a slot machine.[:(!]
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  • nemesisenforcer
    When will the Euro replace the Dollar? As soon as I get my tinfoil hat back from the drycleaners.
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  • IAMAHUSKER
    You think the devaluation of the dollar is being done on accident?? Being done for a reason. A lot of things are being done for a reason and will be to late once everyone realizes it. My opinion....pull out of everywhere, stop giving aid to everyone and, take care of number one till our national debt is at 0.00. Get back to the constitution. Prosecute any all elected officials for treason who, in the past made votes against the constitution. Death penalty!!! Starting with the presidents on down. Former living presidents would be extinct. Two party system would be against the law. The feds would get back to doing what they are suppose to do and that is to defend the borders and ensure the sovereignty of the states. No fed taxes, you would pay taxes to your state then the feds would collect from the states. NO TAXATION WITHOUT REPRESENTATION!!!!!!!!!!!!!!!!!! Silver would once again back all US currency. Federal reserve would be controled by the states as a whole.......Jeeze did not realize how much I would change!!!! I could go on all night.
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  • nemesisenforcer
    quote:Originally posted by IAMAHUSKER
    You think the devaluation of the dollar is being done on accident?? Being done for a reason. A lot of things are being done for a reason and will be to late once everyone realizes it. My opinion....pull out of everywhere, stop giving aid to everyone and, take care of number one till our national debt is at 0.00. Get back to the constitution. Prosecute any all elected officials for treason who, in the past made votes against the constitution. Death penalty!!! Starting with the presidents on down. Former living presidents would be extinct. Two party system would be against the law. The feds would get back to doing what they are suppose to do and that is to defend the borders and ensure the sovereignty of the states. No fed taxes, you would pay taxes to your state then the feds would collect from the states. NO TAXATION WITHOUT REPRESENTATION!!!!!!!!!!!!!!!!!! Silver would once again back all US currency. Federal reserve would be controled by the states as a whole.......Jeeze did not realize how much I would change!!!! I could go on all night.


    Whatssa matter? Only had one John Birch brochure?
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  • Odawgp
    Sooner than later


    I'm surprised that the economics Majors haven't chimed in to tell us to take off our tinfoil hats and that it will never happen???
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  • fishkiller41
    PESOS? Don't it take a wheel-barrow full of those, to buy a loaf of bread??[:(!]
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  • jpwolf
    If we don't make a drastic change in most of our current policies, they will be doing good keep to the dollar the "currency of the world" much beyond 1 more presidential cycle. Better make this vote count for change folks and I don't mean the false kind that the D&R globalist party promises every election. It's their false promises that have gotten us where we are. Throw them out. Electing another one is your rubber stamp of approval on all of "this".
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  • divebomb
    quote:Originally posted by fishkiller41
    PESOS? Don't it take a wheel-barrow full of those, to buy a loaf of bread??[:(!]


    exactly!!
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  • gruntled
    It will really get scary when people won't loan us any more in dollar denominated debt. Right now we can devalue our debt but when they insist on being repaid in Euros or some other currency we will lose all control.
    The Chinese should be beginning to worry about the falling value of all of our debt that they hold.
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