Quote: (07-26-2011 05:02 PM)dk902 Wrote:
Quote: (04-28-2011 11:02 AM)Athlone McGinnis Wrote:
I may end up eventually taking advantage of my European citizenship sometime in the future if this all continues. I'd be interested in any way to earn and save my money in a stronger currency with more buying power worldwide.
Hold onto that thought for the time being. The euro is not going through a great time itself at the moment. If all of the PIGS fall, i.e. Portugal Italy Greece and Spain, then this will have serious repercussions around the world.
If you thought the 2008 recession was bad, Lehman Brothers was a catalyst to that, and that was one company.
We are talking about four sovereign nations here. Raising the US' debt ceiling, I am not sure what it will bring...seems as though the US will never get a handle on its debt. The UK is slowly but surely trying to get a handle on the shit state the previous government left it in. Austerity measures worldwide.
Ah, but Europe is far for than the Euro. The CHF, SEK and NOK for example are very solid.