Europe (Euro) is falling apart (currency wise), and there are threats of it falling apart, so is it dead? Not by a long shot...all due to Greece (which I personally think should have never been allowed to join, after all they fudged their numbers just to qualify)who has a horrible debt to GDP ratio of 90% which is bad, but for example, a lot lower than Japan (170%), and we dont see the yen getting killed now do we? It makes no sense!... Its all we hear on the news, Euro is bad... or so we are told. No matter how you paint it, the fundamentals for the Euro are stronger than those of the dollar, at least they don't have their central banks printing unlimited amounts of Euro's bailing every damn industry and bank in Europe!

Look at that! It even looks better than our green backs!

Europe has a lot of rich/old money families, whom will look to diversify out of the Euro if this persists, and I assure you, it wont be into the dollar as we wish. As a matter of fact, the government has manipulated EVERYTHING to make it seem that the dollar and ultimately treasuries are the ultimate safe haven. Fat chance.

While here in the US, we have cities going broke (many examples like this...Phoenix OKs 2% sales tax on food items), and others considering bankruptcy in stories such as, Pennsylvania Capital Should Weigh Bankruptcy, Controller Says , we claim to have all the answers. We are in no better shape.

If the Euro is getting killed, a flight to safety does follow, but the dollar certainly isnt the right answer.