Friday, June 22, 2012

--the euro/euro-zone crisis--

   as i understand it, the "euro" is utilized in countries within the "euro-zone"(members of the "euro-group"), the power of being in the group, seems to be, that it counter-acts inflation, from region, to region, in Europe...if one country is not doing well, the currency remains at a high value, regardless of the circumstances, but, if one country does poorly(unfavorable job/investment potential), the value of the "euro" drops, correspondingly--

    i suggest, that without the "euro group", some of the countries in the group would be doing horribly badly, instead of having a small drop in the "euro group" value...for the smart investor, this can be viewed as an opportunity, similar to the situation the united states experienced during the "great depression"...those with money in the United states, at that time, were able to go to areas with reduced commerce( having less money), and purchase goods, or services, at a rate that provided a huge financial gain, deriving the exact area( country) in the "euro group", that the "euro" spends well, would be of good financial value, for investing--


     ciao...john kruschke--


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