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1 posted on 12/18/2006 12:39:19 AM PST by HAL9000
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To: HAL9000

May want to check with France first. They're flirting with dropping the Euro. Wouldn't that be priceless.


2 posted on 12/18/2006 12:51:54 AM PST by Greenpees (Coulda Shoulda Woulda)
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To: HAL9000
An attempt to make oil more expensive for the US. I guess it will work until the bottom falls out of the Euro if/when Europe drops it.
4 posted on 12/18/2006 2:05:51 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: HAL9000
Actually both currencies are headed for devaluation so the dollar will not look so bad relative to the Euro.

For guidance to our economic future just look at Japan over the past decade.

Interest rates will drop due to forced deflation of the credit bubble.


BUMP

5 posted on 12/18/2006 2:28:55 AM PST by capitalist229 (Get Democrats out of our pockets and Republicans out of our bedrooms.)
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To: HAL9000

Considering most of the oil Iran exports is then imported back as gasoline, diesel, kero, etc., just WHO would Iran be paying these Euros to?


6 posted on 12/18/2006 2:54:34 AM PST by dirtbiker (Warranty void in cases of shark bite, bear attack, and children under 5...)
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To: HAL9000
Article: "The sources from abroad and the incomes oil will be calculated in euros, and will receive we them in euros to put an end to the dependence with regard to the dollar”, declared the spokesman at the time of his point of weekly press."

lol. Oh Realllllly. "And end to the dependence with regard to the dollar"? An "end to"? Oh, puleeze..

A temporary procedure, to be sure. But an "end to"? Who hires guys like this?

9 posted on 12/18/2006 4:25:32 AM PST by Alia
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