Saturday, June 04, 2005

Collapse of the euro?

It looks like it isn't only the Dutch who are bothered by what adopting the euro has done to the economy. The Germans are too but tried to keep it a secret. Could the European Union survive a collapse of the euro? I think it would be highly unlikely. Question is though will it? It just might.

We have sat here watching the dollar lose ground against both the euro and the hyrvna. Looks like the euro may not end up doing so well either. Maybe the hryvna will come out the winner? If the government comes to its senses, it might.

1 comment:

Anonymous said...

What do you mean by the government coming to its senses? Arent they working hard enough from your perspective on the Ukraine?