| From: | "Sharefin" |
| Received: | 12/30/2005 01:15 AM |
| Subject: | Re:Doomsday for the Greenback |
Hi Dan
Personally I don't have any idea how it will play out but it was quite
evident the timing on Iraq & when it started trading oil for Euros.
Now we're seeing the same talked about for Venezuela & Iran.
Somehow I think that the impact is not so much Pro-Euro but rather Anti-US
and as such does have strong implications for the Hegemon status of the US.
As to the rest of the world standing up & voting against the US by selling
the US Dollar - well we've only got to wait & see.
Cheers Nick
----- Original Message -----
From: "Dan Bloomquist" <>
To: <>
Sent: Friday, December 30, 2005 12:27 PM
Subject: [Longwaves Forum]Re: Doomsday for the Greenback
>
>
> Sharefin wrote:
>
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>>http://www.opednews.com/articles/opedne_mike_whi_051229_doomsday_for_the_gre.htm
>>
>
> Hi Nick,
> I've seen Clark's stuff before. I have not read his book. But 'dump the
> dollar' just doesn't make sense.
> http://www.eubusiness.com/Finance/051214130216.mbwocr4z
>
> As far as economic strength, take Germany out of the Euro zone and you
> have a basket of countries that seem to be looking for air. China holds
> most of our domestic securities so what will they do? Start shipping
> trinkets to Europe?
>
> This whole Iraq/Iran thing may be much more nefarious than oil currency.
> It may be about the oil itself.
>
> Best, Dan.
>
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