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Politics : Foreign Affairs Discussion Group

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To: Maurice Winn who wrote (15274)	1/1/2002 9:40:37 PM
From: LindyBill	Read Replies (1) of 281500

Lindy, with the birth of the Euro a day ago, it's a bit presumptuous to say that the whole world is converting to a dollar economy Oh, Maurice, ya dreamer ya! Watch the Euro continue to drop against the Dollar, as the Canadian Dollar has. Canada and Europe have economies that are much more Socialist than ours, and they will continue to try to keep their people happy by increasing social spending. It is inevitable that their currency will drop in value. All of South America is virtually on a "Dollar Economy". Look at the mess in Argentina, where they have the Peso pegged to the dollar, and are trying to keep from going under by coming out with a third, worthless, currency. People all over the world keep American $100 dollar bills in the mattress as their savings account.

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