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Euro Survival?


With all the concern about the U.S. debt ceiling problems, and the Grecian economic crisis, you may wonder what is going on. Bill Valentine with Valentine Ventures says now that there is some economic chaos in Europe; world leaders may want to consider the worth of having a "one money" source, like the Euro. "Europe’s not out of the woods. And there's a real legitimate question whether the euro will survive as a currency. This gigantic socioeconomic experiment. Will this currency survive? Can you take multiple cultures with different individually run governments and combine them into one currency? I don't know, we'll see." Valentine says it will take a considerable amount of time for things to get back on an even keel; and he would not be surprised to see some major changes in the currency market.

 

 

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