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The demise of the euro has been greatly exaggerated

With all the talk these days about the eurozone crisis, a coming eurozone crash, the death of the euro, etc., I thought it might be helpful to include this chart of the history of the euro from its inception through today, vis a vis the dollar. Maybe both are going down together, but the euro is still strong relative to the dollar. From the looks of this chart alone, you would never guess the euro is in serious trouble. Perhaps because it's not?

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