EU's Future Is Mixed

There are a lot of problems within the European Union. Southern nations like Greece, Spain, and Portugal are basically bankrupt. While I doubt the validity of the meme that things are so bad in Greece that people are purposefully contracting AIDS to go on disability, things are very bad. The budget deficit in these countries is quite large and the banks are zombies. (I have accounts with a bank that is owned by a Spanish Bank, so this is not academic for me.) These problems will mean that once again America has the cleanest dirty shirt. 

Italy and France are not in good shape either, but they are continuing down a path that will have to lead to default or confiscation of assets. 

Northern European countries are not in such bad shape, but this is relative. German banks are also capital-impaired. They might be zombies as well because of the governmental bonds they bought from southern European countries. 

In times of crisis money will seek a safe haven and right now that is the US. So putting on my prophetic hat, I predict continual strength in the dollar, until it crashes. It probably will not crash in terms of the currency of other nations as they are in even worse shape, but the dollar will have issues, just not right away. 

Get ready.