Euro pains

Sinking Euro is a good news for Eurozone as the depreciating currency would make them more competitive in the world market. However, other crackling bones of Eurozone viz. Portugal, Spain, Ireland are still a cause of concern, which may pull the entire zone in deep recession, bankruptcy and hyperinflation.

For now, Yuan, Yen and USD are threatened by the crumbling Euro. Tumbling markets, world over, will try and readjust to the changing equations. But certainly, the party seems to be over for China and India, since Europe, by the way of Greece bailout, has chosen to fight out the war collectively rather than biting the dust one by one. USA will also be forced to get it's act right rather than simply printing paper.