Formerly NE North Dakota, now NW MN | The last 6-7 years the Euro area has done a sufficient job making everyone question the longevity of their single currency, I don't think a global migration toward them as a universal reserve currency is likely to happen. People signing these deals don't want to ever read headlines about "the breakup" of the currency they are storing gagillions of dollars in.
Now, the Yuan instead of the Dollar, that's got a realistic chance some day, but right now that doesn't seem likely. mho |
What would happen if
