On a purchase price parity an analysis the Euro is still overvalued. Purchase price parity would be right about a 1:1 ratio ... IF one excludes all credit risk due to the issues of excessive debt levels in many of the Euro states.

AS bad as the US debt level situation is ... the European debt level situation is WORSE



come on , it is not about "what it should be". it is about MAKING PROFITS.

they control the game. Too many sheeple beting against the euro... I read 40 pages of "GERMANY LEAVING THE EURO THIS WEEKEND by a DEUTSCHE BANK guy" and no news so far.

It is a trap for me. It is not about what we BELIEVE, since it is their casino.
what do you say?