that if the euro gains strength in opec, the dollar will no longer be the currency of trade in oil. even if the euro simply gains parity, that's an issue.

as reserve currency, the dollar would mean nothing. and since the gold standard isn't an issue anymore, that's all we have. nations will pull out of our banks, financial markets, etc.

we already have no manufacturing economy. that's another problem. everyone else makes the goods. we just distribute them, and in the long run, that's NOT how you make money.

the oil producing nations (and oil consuming nations who have a stake in seeing us go down because they realize they're not getting a piece of the pie if we "win") have a lot of power behind this.


_____________________________
peace.
wisdom.
sanity.
clarity.
justice.

www.poetsagainstthewar.org