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US dollar and the fear associated due to Euro zone crisis
December 22, 2011

Greece has been the first European nation to fall financially. As the crisis phase has reached the optimum level, the US Government will be forced to frame policies that will affect common traders.

It has been analyzed that US Banks have a total estimated capital value of over one trillion dollars. This value or amount is much more than the amount of all the Euro-zones banks put together. Within a monetary union, all the participating nations need to be accountable for failure of one another.

The Central Bank strongly suggested fast re-consolidation of rising debt in Euro-zone because the downfall in the Euro zone can directly impact the US trade market. The Federal Reserve cannot be held accountable for failure of Euro. As with destabilization of Greece, Euro is rising and people in Greece are wising up. There have been new innovative formulas within the market where bartering systems for local trade are attaining prominence.

The process of re-discovering the real value of money is indeed a positive way to take away control of currency manipulation by the Central banks. The bailout program from large US banks helped industry and institutions. Still, the process of consolidation and assistance from US creates a strong impact upon the US tax payers.

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