Numbers are clear (2009): U.S.A. budget deficit.....11% trade deficit.........4% Combined Deficit......15% Eurozone budget deficit....7% trade deficit.......nil Combined Deficit.....7% Source: The Economist economic indicators But Anglo private funds are investing in U.S. Treasure bonds while leaving the Eurozone.... The U.S. has the same budget and trade deficit (as % of GDP) as Spain, so it could be called the King of P.I.G.S. or P.I.G.U.S. Maximus.....So an scary movie to Anglo investors about the Euro and they go back home.

Sounds plausible. Americans could have orchestrated the crisis. However I will be happy author of this report could elaborate it further. My knowledge of economics remains shallow.

We will do anything to protect the petro-dollar. Read "Confessions of an Economic Hitman" for examples of how we do it. The euro was getting too strong in relation to the dollar. How convenient that the derivatives crisis already made every country financially weak. The Federal Reserve and Treasury Departments have unlimited access to dollars by creating them out of thin air, and the rest of the world still gives the dollar value because it is the main reserve currency. That status gives the plotters in the US shadow government a huge hammer with which to "punish" countries that do not line up behind us and do things our way. Sorry, but I think that is what is happening. Engdahl has hit the bulls eye.

If Russia demands to be paid in Euros for it's gas, then that will drive the price up for the Euro since it will increase demand for this currency. Russia is a key factor in this.