Result of G-7 internal dealings – Euro headed lower against all currencies – here is why!
Karen Zuba
Feb. 11, 2007

The G-7 was divided over the fate of Yen. America and Japan sided on weaker Yen because of weakness in Japanese economy. Europeans were adamant over the exchange rate between Euro and Japanese yen as well as Chinese Yuan. The consensus was Eyuto appreciated quite a bit to accommodate fairness to American economy. However the Asian giants Japan and China have done little for that.

What will happen next is interesting. The Europeans have decided they will lower the value of Euro. Euro will decline decisively against all currency. Currency devaluation warfare has started. It will be interesting to see how China and Japan react.

The net result is higher value for Dollar index and Canadian Dollar. Dollar –Yen rate will stay where it is. But Euro will go way lower as ECB will start cutting rates instead of raising rates. The fiscal stimulus now shifts for lower Euro.

Result of G-7 internal dealings – Euro headed lower against all currencies – here is why!
Karen Zuba
The net result is higher value for Dollar index and Canadian Dollar. Dollar –Yen rate will stay where it is. But Euro will go way lower as ECB will start cutting rates instead of raising rates. The fiscal stimulus now shifts for lower Euro.
READ MORE>>

G-7 finance ministers meeting in Essen, Germany, called upon China to allow its currency, the yuan, to appreciate
Media Release
Contrary to pre-meeting leaks, the yen, which many say is undervalued, was not singled out.
READ MORE>>

What happens to US Dollar as the deflation takes hold of the economy?
Alan Hershey
America will export more than it imports. The Asian and European currencies will go down due to lack of buying power while US Dollar will go up steadily. Only one currency will be stronger than the US Dollar – the Canadian Dollar.
READ MORE>>

What will happen to yield curve when economy gets depressed and deflation is recognized as the main driving force?
Peter Oberois
This time it will be different though. The Asian Banks will start selling their notes and bonds. The long-term rates will sky rocket well above ten percent while the short-term rates will hover below 1%.
READ MORE>>

Get debt free, have some cash in bank, own some lucrative domain names as assets, get hold of some farmland near where you live – you will be fine!
Sam Adelton
The domain names are new cyber realty. If you buy one good one for twenty thousand dollars today, you may be able to sell the same for $200,000 after fifteen years.
READ MORE>>

U.S. mortgage companies are headed for total collapse – here are the reasons why?
Jow Weinman
At that stage the economy will get depressed and the real trouble will start as underemployment changes into outright unemployment. The defaults in mortgage payment will rise to levels far exceeding 1929-34.
READ MORE>>

Fortress Hits Jackpot With IPO – the froth turns into bubble in private-equity and hedge-fund sector
Peter Oberois
The economy has not seen so many bubbles all over the places. What will happen when all these bubbles burst?
READ MORE>>

MORE ARTICLES >>