Post
Topic
Board Economics
Re: Im owner of wealth club and here is my forecast about global economy
by
Sim_card
on 06/08/2023, 03:49:42 UTC
First, this is heavily subjective. I don't know what your sources are but coming out with such conclusion without any research backing you up does not make this reliable at all. Second, euro is one of the strongest currency in the world, even if it falls for a bit it will not be that bad. Third, Europe has been one of the center of tourism in the world not only for its currency but for its history, tourist spots and rich culture.

I was expecting an analysis of the current global economy, not an opinionated claim without any research to back it up.

All right...i tought people want just predictions and bold forecast...like some people find it boring to read full story...u know.
But If you want i give you the analysis.
Few points i'd like point out here ...

1.One of the primary drivers of currency movements is the economic performance of a country or region.
2.high levels of public debt, and political uncertainties.
3.decoupling from the dollar can be influenced by various factors, currency wars, swaps, debt issues, lack of commodity trade, and other economic indicators.
4.Never undestimate the power of commodities currency tied with commodities can give strengh to currencies.
5.Concerns about sovereign debt default or bailout packages can further weaken the euro.

Join my financial and Investment official Telegram Channel and get daily news and you know first what's going on in the money world.
Link: https://t.me/wealthclub777
Joining your telegram group wouldn't make any difference from what you have said here and I don't see any smartness in your,from your thread it shows that you don't even understand anything on economy. How will you say Euro is depreciating and it is an opportunity to go for tour in Europe. You and your friends should keep your economy knowledge to yourselves since you are only assuming with no prove on your statement. I would rather sit down and listen to my country's boring local news than listening to you.