Quote:
Originally Posted by pornmasta
if the european countries are unable to pay their debts in foreign currencies because the euro gets weaker, it removes one of the reason to keep the euro and it will probably increase the borrow rate of some states.
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It's a good point..... but my theory has always been that it will continue in the way it has been ie everyone does QE together and race to the bottom.
So euro weakens for a while and everyone else is doing QE. Then the US has to step in and do QE to bring the USD back into line with all other trading partners and so on. Utimately everyone is devaluing at the same time and against only commodities and primarily non-government forms of money like Gold and Silver.