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To: ex-Texan
This will succeed. Each state in the U.S. having its own currency and rate of exchange would be cumbersome and unproductive. European productivity will be enhanced and there will be a premium for a common currency. This premium will be like a dividend for for all of Europe. It should on its own stimulate economic activity. and make the people holding the currency wealthier.
23 posted on 01/01/2002 8:57:18 PM PST by kampeska
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To: kampeska
So are you buying? Better check this first. Didn't the Euro debut at $1.20 and is now selling at $.89. I think so.

chart of Euro vs. Dollar over last few months

24 posted on 01/01/2002 9:08:38 PM PST by Jack Black
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