Re:Euro falls below dollar for first time in 20 years
by Kukumber on Tuesday July 19, 2022 @10:41AM
(#32152212)
By wanting to weaken Russia and China, the US managed to hurt the EU badly (maybe sacrificed is the better word), that's unfortunate, hopefully the Ukranian war will be enough for EU leaders to finally wake up, unite and look forward without making policies that favors US tech and China industry
As many said, the EU expanded too big and too fast, creating unnecessary oppositions within itself
Re:Euro falls below dollar for first time in 20 years
by raxxorraxor on Tuesday July 19, 2022 @10:37AM
(#32152148)
For the average consumer this is still pretty bad news since it lost ~ 30% of its initial value towards the $, which more or less is the important reference.
As many said, the EU expanded too big and too fast, creating unnecessary oppositions within itself
I can see either EU standing up as a 3rd block, in the middle of USD / BRICS, or USD/EUR merging together