Visualizing The Demise Of The Once Mighty Euro

by Tyler Durden
ZeroHedge.com
10/15/2015

In the beginning of 2008, a US dollar could buy only €0.65 euros. Today, on average through 2015, one US dollar can buy €0.91 euros. With European demographics getting more challenging by the year, and deflation stalking the eurozone, problems don’t seem to be going away for the euro. The crises in Ukraine and Greece continue on without much resolved, and the ECB is continuing on with its QE program. Meanwhile, the Refugee Crisis has created another political distraction that has its own challenges for the people of Europe. >Will the shrinking euro be able to revert its course, or is Europe doomed to become the next Japan?

The Rest…HERE

This entry was posted on Friday, October 16th, 2015 at 12:57 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.