[Disinterested]

Quote by: dotcoma full article http://www.thetrumpet.com/index.php?...rticle&id=1704 What do you think about this? Is this why we invaded Iraq? Saddam was going to switch his Oil to the Euro too...right before we invaded.

In fact, despite the u.s. horrific budget deficts, current account deficits, and trade imbalances, the dollar has been strengthening against the euro of late. Why? Western europe is in long term population decline and has a higher median age and much higher state funded pension obligations than the u.s. government making the u.s. debt relatively benign in the market's eye. Furthermore, the u.s. economy is far more dynamic than the euro zone's which makes the USD the safest currency in the world.