Euros Being Accepted In New York
My favorite Conspiracy Nut friend is always ranting and raving about how the world is about to end because of the collapse of the U.S. Dollar.
Turns on she may be onto something.
Several shops in New York City are reported to have begun accepting Euros for purchases.
Now there were some stories floating around that some fast food joints in border town in Texas and Arizona were taking Mexican currency, but ... WOW!
Turns out that the increasingly weak U.S. dollar is bringing in European tourists by the boatload and the merchants in New York have discovered they can do just as well but taking the Euros and then converting them over at their local banks.
Some merchants don't even bother to exchange them - they spend them in Paris.
Yep ... this is a little scary.
Could the U.S. Dollar really be on the way out at a viable currency?