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Economics 11 Long Term Trends Destroying The US Economy

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rebornyama
post Nov 19 2010, 11:47 PM

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QUOTE(Potatojii @ Oct 14 2010, 01:03 PM)
Their debts is enormous, yet they still sustain because of the usage of US dollar as trading currency. Once this is replaced with Euro, we will eventually see the downfall of US economy.
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Euro is definitely a no-no for substituting US Dollar. With the current market trend, most people would say that it will be China Renminbi ¥. However, the US that we know [or perhaps we knew?], will definitely not going to let this happen.

 

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