International trade tends to drift to the most stable currency's which is why things are moving the the EURO. Then again the EU is the worlds largest economy so there could be some truth in your assumptions.
Is the Euro considered stable? The articles I've been reading predict that the Euro-zone can't last too much longer as the debt crisis spreads from Greece to Portugal to Spain to... other places that the Germans can't afford to keep bailing out.
Comments
International trade tends to drift to the most stable currency's which is why things are moving the the EURO. Then again the EU is the worlds largest economy so there could be some truth in your assumptions.
Is the Euro considered stable? The articles I've been reading predict that the Euro-zone can't last too much longer as the debt crisis spreads from Greece to Portugal to Spain to... other places that the Germans can't afford to keep bailing out.