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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Muthusamy SELVARAJU who wrote (28282)	1/31/2003 2:49:45 AM
From: Don Lloyd	Read Replies (2) \| Respond to of 74559

Muthusamy, ...But it all seems to make sense now, since at least from the ECB point of view, the Euro does not suffer anything like the current and trade deficit problems the greenback suffers from today.... Maybe, but it is still a non-convertible paper and token currency, and will share the ultimate fate of all such. By the end of the current century, even if the EU survives that long, the Euro is certain to have lost in excess of 90% of its purchasing power, if it is still money. Conceivably, it could be worth more than that as a collectible. Regards, Don