Economists with London’s Centre for Economics and Business Research are predicting that the Euro will sink to be about equal in value with the US dollar by 2011. That is, of course, if it even still exists by this point. You can read about this here. The economists of CEBR aren’t that optimistic that the Euro will still exist in its current form by then. While the tasks ahead for Britain and other non-Euro countries are far from easy, there has got to be a sense of relief in those nations that they never got involved with any of it to begin with. Unfortunately for Britain, the Eurozone is their largest trading partner.
Posted by: rbbadger | June 12, 2010
Euro set to sink in value
Posted in Uncategorized