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The dollar could be replaced as the world’s reserve currency
The Spectator (UK) ^
| 10/16/2003
| Simon Nixon
Posted on 10/16/2003 11:11:54 AM PDT by Feldkurat_Katz
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To: ladtx
Euros of course. They are worth much more than dollars right now.
61
posted on
12/05/2003 4:50:20 PM PST
by
optik_b
To: Alberta's Child
"In fact, with a strong euro in place over the long term, it is likely that Germany will end up importing an increasing number of products from the U.S. itself!"
Why's that? Mexico, Argentina and all those countries have real cheap currencies, it never helped them to become great at exporting.
62
posted on
12/05/2003 4:56:04 PM PST
by
optik_b
To: ladtx
"Most places I have been in Europe and the Orient I have had no problem using dollars in place of the local currency. Some would rather have the dollar."
How recently have you been in Europe? The dollar is dropping like a cinder-block in the ocean. The cost of rebuilding islamic hellholes, free prescription drugs, giant farm subsidies is starting to add up and the deficit is our Achilles heel.
63
posted on
12/05/2003 4:57:00 PM PST
by
optik_b
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