So what is in store for the Euro?
There has been all this talk about the devaluing of the dollar and rising cost of gold, well check this out. Greece just worked out a Euro bailout that is undisclosed to terms and amounts. I'm wondering what the effect will be come Monday morning on the Euro vs Dollar and market for Gold and other commodities.
There has also been chit-chat about the life of the Euro now. Who wants currency for their country tied to a multitude of other countries, of which the economies are failing severely? What shock wave would be sent if the Euro collapsed? What happens to the dollars value? This could be good or bad for the US economy in certain aspects.
It will be an interesting week next week. Hopefully in the bailout for Greece there are stipulations on what and how money is spent. Remember, you simply can not promise everything to everyone. Union debt has crushed Greece.
There has also been chit-chat about the life of the Euro now. Who wants currency for their country tied to a multitude of other countries, of which the economies are failing severely? What shock wave would be sent if the Euro collapsed? What happens to the dollars value? This could be good or bad for the US economy in certain aspects.
It will be an interesting week next week. Hopefully in the bailout for Greece there are stipulations on what and how money is spent. Remember, you simply can not promise everything to everyone. Union debt has crushed Greece.
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