Sunday, June 05, 2005

Is the Euro in for a Fall?

Two brief articles today in the blogosphere regarding the strength of the Euro: one from The Captain, and another at Power Line. Both make the point that in the aftermath of the rejection of a European Union constitution, that the stronger economic countries are looking to their own currencies, since the weaker European countries have been essentially taking advantage. The result may be a sudden move back to original currencies and a flattening of the Euro.

This could cause a demand for good ol' US dollars. Who knows, maybe one could even afford a vacation to Europe, perhaps, this time next year?

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