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Euro falls below dollar for first time in 20 years
- gw67 4y agoIt's old news. Now it's 1.024
- raxxorraxor 4y agoFor the average consumer this is still pretty bad news since it lost ~ 30% of its initial value towards the $, which more or less is the important reference.
- Kukumber 4y agoUnless the USD is no longer the reference, the current geopolitical climate might indicate that it is the case.. we'll see I can see either EU standing up as a 3rd block, in the middle of USD / BRICS, or USD/EUR merging together
- Kukumber 4y agoBy wanting to weaken Russia and China, the US managed to hurt the EU badly (maybe sacrificed is the better word), that's unfortunate, hopefully the Ukranian war will be enough for EU leaders to finally wake up, unite and look forward without making policies that favors US tech and China industry As many said, the EU expanded too big and too fast, creating unnecessary oppositions within itself