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I want to bet some currency, can anyone help me?
Got to make up for my losses by not listening to Bob Brinker in January of 2000 when he said GET OUT!
Cracks in euro currency
The daily Telegraph writes: "A report by the investment bank Morgan Stanley called ’euro wreckage’ has warned that the markets may start to target the government bonds of the weaker states in 2004, ultimately causing interest rate spreads within the eurozone to widen so far that monetary union itself
could unravel."
Below and the rest of the link is EURSOC’s commentary:
Morgan Stanley said it would be easier for countries to pull out of the eurozone than generaly assumed since the national central banks remain intact, issue their own euro notes and coins and still hold most of their foreign reserves.
Wonder which currency they hold the most of????
Posted by: Anonymous2U 2004-02-07
http://www.rantburg.com/poparticle.php?ID=25791