Monday, August 16, 2010

From USD to Euro - is it the solution?

  • From USD to Euro. But is that the answer? It can only be solved if the Asian countries join & make a common currency, or the the world bank on behalf of all the countries go for a common currency with no independent country able to print currencies on their own.
    www.bloomberg.com
    China, whose $2.45 trillion in foreign-exchange reserves are the world’s largest, is turning bullish on Europe and Japan at the expense of the U.S.

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