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.
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.
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