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Dollar versus Euro?

   Dollar versus Euro ?? ================= 05-Mar-03 sh_durga


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sh_durga Posted on 05-Mar-03 11:59 PM

Dollar versus Euro ??
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"The (US) Federal Reserve's greatest nightmare is that OPEC will switch its international transactions from a dollar standard to a euro standard.

"Saddam sealed his fate when he decided to switch to the euro in late 2000 (and later converted his $10 billion dollar reserve fund at the UN to euros) - at that point, another manufactured Gulf War became inevitable under Bush II.

"The real reason the Bush administration wants a puppet government in Iraq, or more importantly, the reason why the corporate-military-industrial network conglomerate wants a puppet government in Iraq, is so that it will revert back to a dollar standard and stay that way.

(It hopes to veto any wider OPEC momentum towards the euro, especially from Iran - the second largest OPEC producer who is actively discussing a switch to euros for its oil exports.)

http://www.bharat-rakshak.com/ubb/ultimatebb.php?ubb=get_topic;f=2;t=002037;p=8

What do you think?


Durga