Sunday, January 25, 2015

The Euro continues its precipitous decline

And the results of today's Greece election have not been announced yet.

As I write this the Euro exchange rate is $1.12. When the European imperialists were exploiting Greece, it used to trade above $1.40.

We will have to wait to see what happens on Monday. If the Coalition of the Radical Left (Syriza) wins a resounding victory in Greece, we may see the Euro trading below US 99 cents.

1 Euro equals
1.12 US Dollar

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