How far can the U.S. Dollar go against the Euro? What is the worst case? Will it ever reverse? Possible?
This is so scary. I wanted to go on vacation to Europe, but this currency recesion conversion crap is really stinky!
Will it just get worse?? Can it really get to 2:1? My gosh!
Or worse? I have no idea how these things work or pan out.
Any experts care to shed light on this horrible issue?
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Tagged with: conversion • crap • currency • gosh • idea • stinky • vacation • worst case
Filed under: Currencies
I’m a Canadian studying in Europe, it’s not that bad but I have to be really careful. I can’t spend as much as I do back home but I’m not starving either.
The worst case scenario will be when countries like China and India stop buying US dollars because of its sinking value and switch to the Euro, the US dollar will then be worth next to nothing. The costly wars that drag on and on, the debts the country owes to China and other nations and the slowdown in the economy all make the dollar go down, thank you Bush!