But I’m telling u the euro is going down before the dollar. U are right there are events that can prove me wrong but I see it as 70/30 dollar for a 1-2 year window can surge before loosing value. I guess it doesn’t matter cause if I’m right it will just take longer abs still same result anyway
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Well, may be the Euro goes first. Its also just a debt bubble, artifically kept afloat. But if the european banks go under, they will take the US banks down with them, its like a domino chain falling. Even if something less than a total Euro collapse happens, like Deutsche Bank going bust, it may trigger the decay world wide.
The network of debt between the banks is so huge, that there are hundreds of billions or even trillions missing if one goes belly up. Of course they could just say "Who cares, its just numbers on a computer screen" and thats actually the truth. But that would destroy the image of doing serious legit business, and show that its actually all just a hoax.
It’s funny it’s been over 4 years since this time. Oh the future we had coming 🤯
Maybe funny is wrong word but just crazy the happenings we had coming
I just got access to the old account 🤯
4 years later….
Ha! Took some time to find your password, hey? :)
You wouldn’t believe me if I told ya. But hey steem was a dime or so and Hive didn’t exist so it’s a win. Would of been nice when we hit $3.00 to get my 500 hive out but can’t complain.
It is a weighted geometric mean of the dollar's value relative to other currencies:
Euro (EUR), 57.6% weight
Japanese yen (JPY) 13.6% weight
Pound sterling (GBP), 11.9% weight
Canadian dollar (CAD), 9.1% weight
Swedish krona (SEK), 4.2% weight
Swiss franc (CHF) 3.6% weight
So if the Euro crashes, by default, the USD will rise. Maybe the Jim WIllie theory of having the USD rise, rise & rise, the collapses could be true.