Euro to replace dollar?

Report: Greenspan says euro could replace U.S. dollar as reserve currency

1 day ago

FRANKFURT, Germany (AP) — Former U.S. Federal Reserve chairman Alan Greenspan says it's possible that the euro could replace the U.S. dollar as the reserve currency of choice.

According to an advance copy of an interview to be published in Thursday's edition of the German magazine Stern, Greenspan said the dollar is still slightly ahead in its use as a reserve currency, but added that "it doesn't have all that much of an advantage" anymore

Greenspan said that at the end of 2006, some 25 per cent of all currency reserves held by central banks were held in euros, compared to 66 per cent for the U.S. dollar.

http://canadianpress.google.com/article/ALeqM5g-NQk5vkp5I5zS3Gj7DI362VEhAQ

So how long do you think?

 

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Canadian Press...heh...so thats how the neighbor Canada is thinking of US now...

I say NEVER.

 

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Personally I wish my savings were in Euros. And the Canadian dollar is now almost even with the US dollar.

 

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Personally I wish I had savings...or even more, money for saving

 

Don't you read?

 

emmm right...my bad.

But I still think saying that Euro will overtake US currency...is a bit far fetched.

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Yeah...but can you fold a Euro up and make a cute little shirt?

 

no because I would spend that Euro before I get to do anything with it.

 

Nope, but you can with a fiver or a tenner

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Yup 97.somethingsomthing cents to one canadian dollar. Yet prices are not coming down, cars cost the same. If I order shit online it sure helps though.

Anyway that's why the capitalists are going to ram the Amero down our throats just to help stop the slide of the U.S economy. Hey if they(U.S) goes down so does Canada right? Fucking pricks.

 

Doubt it will happen; Americans are too foolish to see beyond the obvious. They've stopped the Mexican trucks from using the highway according to NAFTA; so I doubt they will be ready to give up the US dollar.

http://www.nytimes.com/2007/09/12/us/12brfs-VOTETOBLOCKM_BRF.html?_r=2&oref=slogin&oref=slogin

 

The Euro is better looking money anyway..

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Large image of a fiver: http://www.lavigerie.org/~cvismans/npics/euro5.jpg

 

Hmm *makes plan to change remaining dollars to cuter euros*

 

Euros make nice toilet paper.

 

good good, fuck nafta. I really mean that too, with both fists.

 

You know papercuts hurt right ?

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if its for the right cause, why not.

 

Ok..so the dollar has many cool nicknames..."dead presidents" "greenbacks" "bucks"...so what nicknames does the Euro have?

 

We have to recycle though.. :scratchin:

 

LOL your call man

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