The rise of the digital currency industry can be attributed to citizens and consumers’ lack of faith and trust in the United States dollar, the euro and other well-known securities. Besides not being backed by anything, central banks have been printing exorbitant sums of money since … [Read more...]
Why the Decline of the Euro Currency is Worse Than You Think
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Over the last few months we’ve seen a significant decline in the decline of the Euro against other global currencies. Even compared to some of the more volatile currencies, the Euro is considered to have underperformed on all fronts. However, as 2012 begins to shows indications that a … [Read more...]
Factors that Could Make the Euro Crash an Aberration in 2012
Filed Under: Personal Finance by
In the last article I discussed how it is that relativity comes into place when looking at a currency decline. In the case of the Euro, an investor needs to understand that both the USD and the Euro were decreasing in that time period, meaning that the decline in the value of the Euro … [Read more...]
