What does the Euro collapsing against the dollar do for us here in the US.
It seems like it could be written the other way.
The USD is gaining over the Euro.
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What does the Euro collapsing against the dollar do for us here in the US.
It seems like it could be written the other way.
The USD is gaining over the Euro.
A weaker Euro means a weaker West which, in turn, means a weaker dollar.
A weakening Euro means a weakening NATO (for the people who care about it). It leaves all our allies in bad positions economically, thus decreasing their influence over other nations. With a weaker Europe and US that means China and Russia can fill in the gaps in developing countries. Not a good thing for long term peace between ideologically different factions.
Now that is just political matters. A weakening Euro doesn't necessarily mean a growing dollar because both the Dollar and Euro are down against the Russian Ruble (the sanctions backfired and boosted the Russian currency). Weaker currencies means it will exponentially grow inflation. Our inflation is not going to get better just because of temporary stabilized fuel prices. China doesn't matter too much on this because China typically over inflates their currency to keep it around 0.15$ USD per Yuan.
As I've said before, things are going to get worse. As an analogy, we're not even inside the cave yet. We're on the boat looking right at the cave, as we're just now starting to pass through choppy and treacherous waters.
What do you see happening with crypto? Is it time to start investing in blockchains that are more Asian based, because that is where the economic growth is?
Which Hive-Engine token markets to where the money is headed?
Hate to say it but maybe STEEM because of Sun?