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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: zonder who wrote (267122)11/13/2003 6:57:48 PM
From: GraceZ  Read Replies (2) of 436258
 
As far as countries go, main beneficiary could be EU, if EUR gets reserve currency status as a result

Be careful what you wish for. How would the Eurozone benefit by having their goods be even more expensive on the world markets? They already have high labor costs, high taxes and costly regulation.

So far the country that benefits the most is the one that has their currency pegged to the dollar.
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