Wednesday, March 12, 2008

"Why is the Euro doing so well..."

...a European friend recently asked me.

"It isn't," I replied with a sigh. "It is just the US dollar is doing particulalry poorly.

2 comments:

Anonymous said...

What about the other currencies, it's not just the dollar. Banks have started switch more and more of there reserve currency from the dollar over to the euro.

Ron said...

Great question: Check out the main blog... I do a post on this.