Euro "will be dead in five years" (suspect, Obama, dollars)

[juppiter]

Euro 'will be dead in five years' - Telegraph

I can't believe actual economists are predicting this! Granted, they appear to be British economists, but still.

To be honest, I always expected the Euro experiment to fail within my lifetime. But I did not suspect it would happen this soon.

[HappyTexan]

Actually I'm thinking sooner than 5 years. Do you think we can limp along like this for 5 more years ?

[11thHour]

Yeah, I will be surprised if it makes it that long.

[Chango]

I can't believe they would say anything else, but that is mostly because doom and gloom sells.

[Hopes]

Maybe we can get back to the business of having a strong Dollar.

[Jaggy001]

Oooh ... look at all you Americans having wet dreams over an article in a very right wing British newspaper talking about a currency in yet another country.

You do realize that Daily Telegraph readers still think the British Empire exists

[juppiter]

Originally Posted by Jaggy001

Oooh ... look at all you Americans having wet dreams over an article in a very right wing British newspaper talking about a currency in yet another country.

You do realize that Daily Telegraph readers still think the British Empire exists

Honestly, no, I don't realize that and neither would 99.9% of the American public since, duh, we're American and we don't know the reputation of British newspapers. And you could put it in a more polite way, since I specifically said in my post, "Granted, they appear to be British economists, but still."

I didn't see anyone having a wet dream over it. Except for tourists, most Americans are indifferent on whether the Euro fails or not. But a currency of like 300 million people potentially collapsing in the next five years is HUGE and so I posted it here. I know more about European politics than most Americans I think, but I can't be expected to know the political leanings of every single European newspaper

[albion]

As Jaggy says, the Telegraph is a very right wing, anti-Euro, anti EU news paper,
I would,nt wrap my chips in it.
You can bet that these "economists" work for a right wing think tank.

[frenchie]

when the euro was 1.50 a year ago, US can export lots of stuff, now euro is weak, so we can export many stuff, and USA can't . So obama has lot's of trouble, petrol on the beaches with BP ; no job, for middle class, lot's of debt with the new medical plan, so euro can vanish as people said in the past when it was 1.50 if will go up to 1 euro = 2 dollars. never believe news from tv or newspaper.

[texdav]

Its not just the british press that thing this. The german economist alos thing they are being pulled down bu the weaker euro members and those weaker thnik it keeps them form doig what they need;to devalue thier currency but of course can't.