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To: AFPhys
Clearly.

The overwhelming strength of the Euro was reason for the US to go to war? Why, then, was it about 2/3 of a BILLION dollars, in US currency, that was recovered in the blocked-up residence found by the USMC? If the Euro was so strong, those boxes would not have been filled with dollars. The US dollar is still recognized by a far greater portion of the world's population as the premier currency, and no other nation's currency is subject to as many counterfeiting attempts.
22 posted on 04/19/2003 9:16:02 AM PDT by alloysteel
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To: alloysteel
But the reasons for switching to the euro by the oil countries are not economic. They are political. It is economic warfare against the United States, striking the only way they can. If Saudi Arabia could freely switch to the euro it could dictate our Mideast policy.

What if a wave of hyperinflation means that America can no longer afford a world class military ? What if it means America becoming an IMF basket case like Argentina and baby boomers spending their golden years scrounging in garbage pails ? I support the war but I agree that this is a very hard economic self interest rationale that was totally compelling.
29 posted on 04/19/2003 11:01:24 AM PDT by Tokhtamish
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