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Great analysis! This hits some many facets of the true interrelationships I have to wonder if the writer has keen intutive intellect or that in combination with hard intelligence:)

Read the Financial News Papers, they can't "afford" to be wrong when selling news to their readers who are the world's investors!

The Cold War alliance of the EU with France at the head has already launched an attack against the US Dollar. Starting in October 2000, Iraq has only accepted Euros in payment for oil. Jordan was next on the bandwagon to only accept Euros.

Last year the topic of OPEC only accepting Euros was brought up. Overseas banks are looking for the right time to increase their holdings in Euros. This could signal the shedding of some of their US debt that they hold in reserve for trading reserves.

The EU seems to sense the frail condition of the post 9/11 US money system, and are poised to "capitalize" on it's weakeness.

This is the French way of doing battle, attempting to engage something that is weakened. They just don't have the internal courage at taking on anything at face value, and in the open.

This begins to shed some additional light on the posturing of France and other EU beneficiaries against any US intervention in Iraq. They have business ventures there, and are using Iraq as a stepping stone to EU prominance.

Today's summit in the Azores should take some of the wind from their sails, and will hopefully also prempt their attempted coup against the US Dollar in their battle for supremecy in the world's currency.

I personally hope that the alliances between France and Iraq for the past two decades will be factually linked and put out in the public eye for all the world to see. France needs to concentrate their efforts on something they are more adept at doing; not doing anything.

Very interesting. And to think I almost stayed at a steady job for a French company that was new to the Los Angeles area in 1985. I only worked for the French company for a week. The job required me to install and maintain a computer controlled laser fabric cutter. The laser was strong enough to cut leather and there seemed to be no protective guides anywhere that would prevent it from cutting the finger of the operator or the repair person. I inquired about this to some of the salesman of the device and was told that French regulatory agencies were not that great. Luckily I was offered a higher paying job by a US company after working for the French company for one week (previous interview). At any rate, I informed the French manager that I was leaving. Later that day when I was packing up to go, the manager came out and verbally assaulted me in front of the other employees. He then handed me a letter and told me to read it later. The letter basically apologized for the verbal assault, which was intended as a show for the other employees. The letter stated that he hoped I could return to work for them later and that his company would be able to pay more money later on. I now finally understand why I was 'slapped' by this French manager who also sent me the private letter. What frogs !