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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (82368)6/4/2007 1:19:03 AM
From: critical_mass  Read Replies (1) | Respond to of 110194
 
Euro zone has around 400m people, so it is slightly larger than the US. If you include the former Soviet Union, it is significantly bigger, but why would you want to do that? Russia is not anywhere near joining the Euro zone. Relations between Germany and Russia are at their lowest point in the last 10 years. Papers like the Economist and Spiegel are chock full of anti-Putin propaganda.

Which stats are you using to compare debt levels? According to these:

cia.gov
cia.gov
cia.gov

Public Debt is

US - 64.7% of GDP
Germany - 66.8% of GDP
France - 64.7% of GDP

i.e. in the same ballpark.

Gold seems like a good long term hedge against currency risk, but I would not put a lot of faith in the Euro.