The world-wide debt/fiat currency crisis continues its irresistible course. The oligarchs sell it as a liquidity crisis and create more debt in order to meet interest payments on prior debt and maintain other spending simultaneously. This article points out the Euro’s weakness in dollar terms, but the dollar itself is a quivering old man strapped to an oxygen bottle. It looks like the Euro is out front in this race to the bottom, but we could still overtake her since the world’s reservoirs are full of our currency and our trading partners seem to be looking for the plug.
Euro crisis is far from over what the experts are saying – Telegraph: www.telegraph.co.uk/finance/currency/8374651/Euro-….html