Quote:
Originally Posted by ricdes
he'll lose money on the whole stock market up and down.
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I disagree, if he has enough money to put into a Euro Acct I assume he won't be needing it since it would be stupid to transfer it short term due to all the fees. The markets will definitely go up over the next 3-5 years while the dollar will definitely go down vs. the Euro as the US really has nothing going for them atm. I agree that Greece etc. will become a problem but unlike the US, they will actually be forced to start saving since they won't be able to monetize their debt. The US will just happily keep printing money until China decideds to ruin the US economy by pulling out their loans.