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Author: MACDO001 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 634  
Subject: Re: Will the Euro survive 2005? Date: 2/12/2001 11:06 AM
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I'm counting on the Euro regaining par with the Dollar and staying somewhere in that range.

>>Or would it have been better to adopt the
German Mark or the U.S. Dollar? <<

Letting someone else control the fate of the European countries by using the Dollar or Mark would be foolish. Speaking specifically about the Dollar, why would the Americans have their monetary policy protect Europe, at the detriment of the United States. Certainly some countries have tied their currencies to the Dollar but these are weak countries. Europe is not in this category.

I think that you should be looking to make investments which will either be denominated in Euros or will convert to Euros. I'm looking that way myself. Maybe not all of my money but certainly some will be invested in Euros. It's going to be one of the world's more important currencies, starting next year.

Just my humble opinion.

Mike

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