Comments on: The Anniversary of the “Esperanto Money” http://www.dailyreckoning.com.au/esperanto-money/2008/06/03/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 By: P. Op de Beeck http://www.dailyreckoning.com.au/esperanto-money/2008/06/03/comment-page-1/#comment-25733 P. Op de Beeck Thu, 05 Jun 2008 17:51:02 +0000 http://www.dailyreckoning.com.au/?p=2803#comment-25733 I am not totally agree with your opinion. The euro is bound to rules committed by all parties. It is true that not 1 partner has the absolut say about what the euro will do. It is a group of people of different nations who think differently and have seperate opinions. Those who convince with the right arguments rules. But for the downgoing of the dollar is only one family responsible : the Bush family : Due to their war policy, the U.S.A has big debts above their lending policy. Which results in a downward spiral (a la ROMAN EMPIRE, UK etc.). The white knight is fallen of their horse and went black. It didn't follow the rules by the international community. New empires is rising fast : CHINA and India.  A resurrection from the past. And soon South America too. What we see is the falling of an empire brought down by greed. Europe is only a ship that rides the waves waiting for another good area. In the meanwhile it is a save harbour for those who are smart and keen in economics. It has a profile of humanity and compassion. Not an agressor and tiran. In a globalised world things what you do and stand for are looked by the whole world now. And those who did fail to adept themselves will pay a high price. A country that has well adapted itself is Cuba. As result it still stands against all odds against a much bigger and more powerfull enemy the U.S and is well respected. The euro will survive and in a next century mayby form the next U.S. of Europe.   I am not totally agree with your opinion. The euro is bound to rules committed
by all parties. It is true that not 1 partner has the absolut say about what
the euro will do. It is a group of people of different nations who think
differently and have seperate opinions. Those who convince with the right
arguments rules.
But for the downgoing of the dollar is only one family responsible : the Bush
family : Due to their war policy, the U.S.A has big debts above their lending
policy. Which results in a downward spiral (a la ROMAN EMPIRE, UK etc.).
The white knight is fallen of their horse and went black. It didn't follow the
rules by the international community. New empires is rising fast : CHINA and
India.  A resurrection from the past. And soon South America too.
What we see is the falling of an empire brought down by greed.
Europe is only a ship that rides the waves waiting for another good area.
In the meanwhile it is a save harbour for those who are smart and keen in
economics.
It has a profile of humanity and compassion. Not an agressor and tiran.

In a globalised world things what you do and stand for are looked by the whole
world now. And those who did fail to adept themselves will pay a high price.

A country that has well adapted itself is Cuba. As result it still stands
against all odds against a much bigger and more powerfull enemy the U.S and
is well respected.

The euro will survive and in a next century mayby form the next U.S. of
Europe.  

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