Euro will replace the U.S. dollar

[corporatefactors.net]

• corporatefactors forums Says: Your comment is awaiting moderation.
• March 24th, 2009 at 12:22 pm It is an absolute certainty that Euro will replace the U.S. dollar. The concern should be when and not if.
  
• If the country of China alone stops accepting the U.S. dollar (when doing import and export) that alone will crush the U.S. dollar.
  It’s already happening in the world of import and export. In the olden days the U.S. dollar would be what all countries would trade in.
• Many companies across the globe have converted to the Euro. Either you trade in Euro or they won’t do business with you.
  It won’t be just the U.S. converting to the Euro it will be all countries of the world.
  
• Greenspan himself reported in 2007 that the Euro could replace the U.S. dollar.
  
• I fear that it is a mathematical and economic certainty that this will happen.
  
• A bankrupt U.S. will no longer be a superpower, and will force us closer and closer into an alliance with the European Union.
  United States of Europe here we come !!
  
• Just my thoughts

[raj21]

Much of America's dominance in world finance comes from the dollar's status as international money. ... But American spending habits have undermined the dollar's reputation, with the excess supply of dollars on world markets depressing its price.

This spring, the euro's exchange rate against the dollar reached an all-time high, and central banks have increased the euro share of their international reserves. Is the dollar about to lose the crown of world finance to the euro? History suggests otherwise...

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