2007-12-20 03:48:48 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I cant see it coming anytime soon if ever there are a number of reasons for this both religious, economic and government wise. I will say for now because of everything going on in the US are money is losing its respect around the world. I had to do a double take when are money was equal almost less then candian money
2007-12-20 04:08:57 · answer #1 · answered by prodigychild_21 4 · 0⤊ 0⤋
The quick answer is that in the short term, NO, over the long term, yes if the talked about global recession does not take effect in the USA/ rest of the world. However with banks losing money on subprime and a threatened $400 Billion total bank loss in the world, the USA dollar will find new trading ground that is going to be low against the Euro and sterling.
2007-12-20 12:08:31 · answer #2 · answered by Latin Techie 7 · 0⤊ 0⤋