Are we headed for $1 = ?1?
 

Spain is in some serious trouble and there are some that say Spain and other EU countries are going to drag down the Euro. Some even speculate the end of the Euro may not be too far off. Using one currency takes away Spain's ability to devalue its currency and thus make traveling to spain attractive (and a bargain) as well as being able to increase exports as they would be cheaper.

http://finance.yahoo.com/banking-bud...leground-spain

Then you will find all the currency traders drooling at the prospect of $1 = ?1.

http://www.globeinvestor.com/servlet...82165/GIStory/

i wouldnt mind...

A lot of European webmasters would love it. :winkwink:

As long as I can add another cent to my name, I wouldn't care.

for sure. we lost a shitload of money due to the weak USD over the last years

where all those saying that dollar is doomed? eurozone is a shithole, lets wait for italy after spain

Not sure about that, $ is still way to far to be equal with euro.Mainly Spain have problems in their economy but its not just spain.also few big countries as Protugal,Greece including Italy are here with same problems as Spain.Thats the main problem why euro is going down at this moment.Generally all webmaster of europe would think by growing the $ agains euro is good but its not.

fiat
 

They are both fiat currencies backed by absolutely nothing.. (pretty sure about the euro anways)
they can print as much as they want...
surprised the economy works at all.

time to mention the uk as well..

Could you go ahead and tell us exactly which country does NOT have a fiat currency?

Would be nice but wont happen :2 cents:

Thank you Greece

I wish the Canadian dollar would go to hell in a handbasket LOL!

The EU let in too many countries, was bound to end up dragging down the value of the Euro.

Hm ok you got me

how angry...

You and me both man, let's see that 67 cent dollar come back :thumbsup

I miss cashing US dollar checks and walking out the bank with like 40-50 cents on the dollar.

I would love it :winkwink:

I'm tired of losing money

same here, being there this past week, it was expensive. Had to pay $1.50cdn for 1 Euro:disgust

switzerland

spain and all those other countries in trouble have been stubern idiots!! sucks they drag down the rest and then again some other's ppl gain ;)

I agree! Also Greece is close to colapse

i would hate it for euro to go down. last time it dipped really low, it was like 3:1 against polish currency instead of 4 or 5:1 like normal, and everyone started importing shitty 10-15 yr old cars from germany for pocket change and trying to sell them.

same here

ka-ching :thumbsup yeah, i wud love a one on one exchange :winkwink:

soros and all the big hedge funds are going to do everything in their power to make it so.

they`ve already placed billions in hedges.

read this:

http://news.google.com/news/more?um=...OtQJjNSi4fUGjM

Not any more. Change in 2000. They are down to 20% of the worth in gold and can legally sell it all if they want to.

fall more please!

God, I hope not. I sell merchandise on a mainstream site and 75% of my business these days is outside the US. This is because the dollar has been so weak for so long, my stuff looks cheap to overseas buyers. If the dollar strengthens, there goes that business.

Id love to see the Euro go down more, been looking to purchase a place in Spain and have been holding off till the euro dropped.

ummmm what ever .........

i would like that :)

I`d love to USD to be equal to EURO it good for business

Come on, being backed by Siemens, Volkswagen, Mercedes, Porsche, BMW, Deutsche Bank, Telefonica, Zara, Nestle, Danone, Heinicken, Becks, Lufthansa, Nokia, and a million other brand name enterprises is not thaaaat bad :) At least I would not mind being backed by those enterprises :)

It's not the currencies fault that people currently lose money - it's the fault of those greedy, selfish pricks on Wall Street and the U.S. morgage lenders, who caused that people are currently in the shit.

Just my 2 cents

And to answer your question: I doubt it.

In some point we will come to one currency for whole world maybe, we are part of the globalization and this is the result of that.

that would be perfect :thumbsup

then again, I would let it go much further :)

wasnt that the original plan???

http://ichart.finance.yahoo.com/1y?usdaud=x

USD vs AUD, lol.