Saturday , 3 December 2016


Decline (and fall?) of the Euro Continues – Here’s Why

The data compiled [in the infographic below] from 39 trusted resources The-Eurorepresents experts’ opinions on what contributed to a decreasing value of [the] Euro against the…[U.S.] dollar. In a visual way we compare the economic performance of [the] Eurozone and non-eurozone countries on a 5-year horizon and provide answers to a multitude of questions related to the Euro.

The infographic* below was created by Coupofy.com and was taken from a post** found on VisualCapitalist.com. The commentary, above and below, consists of edited excepts from Coupofy.com infographic copy.

The EU dream was born out of the idea that countries are stronger together than they are apart, but data compiled over the past decade suggests that this may not be the case. The Greek debt crisis, political turmoil over Ukraine and a global financial meltdown set the Euro currency on a downward spiral that it has not yet recovered from. What caused the EU dream to become a nightmare, and what’s keeping it from recovery? The infographic below has the answers.

In 2014 the OECD stated that the Eurozone ran “the risk of prolonged stagnation” given its prediction that the Eurozone would only grow by 0.8% in 2014 and just 1.1% in 2015 compared a growth rate of 2.1% in 2014 and 3.1% in 2015 for the U.S. economy. On the whole, they appear to be correct [and, as a result,] the Euro dropped from $1.39 in May 2014 down to $1.08 in August 2015.

Worryingly, Deutsche Bank predicts that the Euro will fall to $0.90 by the end of 2016 and $0.85 by the end of 2017.

Will the shrinking euro be able to revert its course, or is Europe doomed to become the next Japan?

The above article has been edited by Lorimer Wilson, editor of munKNEE.com (Your Key to Making Money!) and the FREE Market Intelligence Report newsletter (see sample here – register here) for the sake of clarity ([ ]) and brevity (…) to provide a fast and easy read.

*http://www.coupofy.com/blog/the-shrinking-euro-infographic **http://www.visualcapitalist.com/the-fall-of-the-mighty-euro/

Related Articles from the munKNEE Vault:

1. The Euro Will Crash, Then the U.S. Dollar Will Crash, and Then…?

It’s safe to say that the EU, the U.S., and quite a few other jurisdictions are nearing currency crashes, and in all likelihood, the euro will go before the dollar. When the euro and U.S. dollar fall, however, there is a very sound alternative – and it is NOT gold!

2. 90% Likelihood Of Eurozone Crisis By 2020 – Here’s Why

In the very near future we will finally know the answer to the question, “Is the euro a currency or an experiment?” The changes required to answer that question will be wrenching and horrifically expensive. There are no good answers, only difficult choices about who pays how much and to whom.

3. Divergence of U.S. & Euro Area Economies Is Dramatic – and Tragic! Take a Look

August 21, 2014: [Charts have the ability to clearly illustrate various situations and no 2 could be more so than the following charts] on the incredible divergence in the U.S. economy and the European economy as it related to the extent of unemployment and industrial production in each region. Take a look. It’s truly amazing – truly tragic.

4. Europe’s Economic Recovery Has Run Out Of Steam! Here’s Why

August 21, 2014: Despite the European Central Bank’s periodic assurances to the contrary, Europe is well on its way to a lost economic decade and if European policymakers cannot shake themselves out of their present state of complacency we should brace ourselves for very rough going in the global financial markets when the U.S. Federal Reserve starts the process of normalizing interest rates.

5. Only A Matter Of Time Before Eurozone Debt Crisis Re-erupts – Big time! Here’s Why

July 27, 2014: If you thought the Eurozone crisis was in the past, think again…It’s a near mathematical impossibility that its weakest members can grow their way out of their debt and if deflation takes hold—as it has already in Greece and Cyprus, and is close in Portugal, Spain, and Italy—all bets are off.

6. Europe to Lurch From Frying Pan of Depression to Fire of High Inflation (& the U.S.?)

August 13, 2013: In the coming years, Europe appears set to lurch from the frying pan of depression to the fire of high inflation. When it does, the lessons of the Great Inflation [outlined in this article] will suddenly be all too pertinent.

7. European Debt Problems Continue to Escalate

July 20, 2013: With stocks at record highs and the U.S. economy improving, the European debt crisis seems like a distant memory….[While] Europe is no longer the market’s focal point, however, that doesn’t mean the euro zone’s financial problems have gone away.

8. George Soros’ Speech on the Euro Crisis Has Gone Viral For Good Reason – It’s Brilliant

August 2, 2012: Is austerity working properly or is it working to bring countries to their financial knees so bankers can remake them from the ground up? Let’s take a look at the infographic below which shows what we can expect.

11. Pento: The U.S. is About 2 Years Behind Europe’s Pernicious Path

July 21, 2012: The U.S. is about two years behind Europe’s pernicious path. We are now over 100% debt to GDP, and if we want to know our future, all we have to do is look across the Atlantic because that’s exactly where we are headed.