Debate House Prices
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I can't see euro collapse. there is no appetite for it.

The_White_Horse
Posts: 3,315 Forumite
if it were seriously going to collapse it would be becoming weaker by the day as people pulled out. however, it isn't. it has kept up against the dollar and pound, even strengthening.
therefore, there is no way it will collapse.
that said, people in ireland are desperately opening up dollar and sterling accounts. companies have even set up in order to offer that service.
therefore, there is no way it will collapse.
that said, people in ireland are desperately opening up dollar and sterling accounts. companies have even set up in order to offer that service.
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Collapse of the Euro (in its current form) is inevitable.0
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The Euro zone has political problems which it can fix. The US and the UK have a debt problem and structural problems which are much more difficult to tackle.
The Euro has always been a threat to US interests and encountered strong opposition (guess which oil exporting nation was the only one selling their oil in Euros...?). As long as the Euro exists the anti-Euro league can always say it is in danger and will disappear.
When 85 Dollar cents bought a Euro they called it toilet currency. When lat May the Euro was near US$1.20 they said the Euro would "stabilise" below US$1.20. Now that a Euro costs US$1.35 they say the Euro will now certainly implode / disappear within a year / ....0
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