[Reverend Wright]

“Why you think the Germans want to embrace Brazilian or South African spendthrifts after the way the Greeks shafted them deserves more explanation.”

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???

My suggestion is that they use the Euro instead of the US dollar for international transactions.

I guess you don’t know that the $US dollar is used for international transactions.

It is a huge benefit for the USA to have that. It would be a huge benefit for the Euro to have it replace the dollar for that function.

[Gunslingr3]

My suggestion is that they use the Euro instead of the US dollar for international transactions. I read: "they will eventually adopt the Euro" as meaning giving the Euro legal tender status in their countries, which would entail Euro bonds and a host of other concerns for the key members of the EU, not to mention taking power away from the pols in whichever BRICS adopted a currency they didn't have the power to print.

Misunderstanding on my part.

But why doesn't Russia trade in the Euro with India now?