Posted by FireBrand, Sat Mar-05-05 05:46 AM
>>At the time tho, there were alotta countries scramgling to
>>make the cut for the Euro, and some folk were thinking that
>>if some of the coutries with high debt didnt make it that
>>the Euro would be stronger than the dollar very quickly.
>The problem is:
>Germany and France couldn't meet the requirement either.
>So I doubt Luxembourg, Holland and Belgium could have a
>currency that could compete with the Dollar.
You kidding me? I never heard that. Wow. Everything I came across was talking about Italy and Greece. Interesting. are you from Europe?
>>You then look at that with the timing of the asian crises-
>>right about the same time about '97. At this same time
>>there was no fly zone issues with Iraq.
>>It was all coming together at the same time.
>>ex the Germans I guess.
>>But the French, and Russians to be sure had vested interests
>>in Saddam's government cus he owed them ALOT of money.
>i'm lost again.
>but i'm easily get lost in conspiracy thoeries.s
>so don't mind me.
It isn't a conspiracy theory. It's the plain truth. Saddam and other OPEC countries had been considering the EURO and later Saddam made the decision to make the switch for Iraq. It's documented. This was going down as it looked like the US was in REAL trouble when we had to bail out Mexico, and the IMF was talking about I think it was Brazil or Argentina going down.
With all this in consideration, the Dollar looked like it was in some real trouble. I didn't try to make a connection with the Contagion issue, the Euro qualification issues and the no fly zone. I just stated that they happened all at the same time.
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