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The euro as reserve currency? Hah!
Posted on April 07, 2008
Stephen Jen and Luca Bindelli, economists at Morgan Stanley, have a theory why the euro is going gangbusters against the greenback, and it has more to do with money flows than the belief that the European currency is about to replace the U.S. dollar as the world's reserve currency.They believe that - Follow link to read full post ...
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currency default explanation





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