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Forum nameOkay Activist Archives
Topic subjectthe euro
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=22&topic_id=5633&mesg_id=5675
5675, the euro
Posted by foxnesn, Wed Mar-19-03 03:57 AM
>it ignores the significance of iraq & others switching to
>the euro as reserve currency and the new significance that
>gives OPEC--a discussion that's been going on in europe for
>months but we've never heard, even tho it would affect the
>dollar's supremacy & our economy

if the oil industry switches to the euro it wont neccesarily hurt the US economy. as long as the dollar is more valuable than the euro everying is find and even if the euro becomes more valuable it will have to be so much so that the US economy would be hurting not because of international business exchanges but because of domestic policies.