Rat's Nest - Chronicles of Collapse Message Board

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Politics : Rat's Nest - Chronicles of Collapse

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To: SiouxPal who wrote (1425)	8/2/2005 12:47:02 AM
From: Wharf Rat	Read Replies (1) of 24213

"Iran is also planning to switch to the Euro as the underlying currency for oil exchange when it opens its own petroleum bourse this year. The success of such a venture carries ominous consequences for the U.S. in its wake. If the dollar loses its hold on the petroleum markets, the hidden financial weakness and fiscal irresponsibility of the U.S. government, as well as the average American citizen, may suddenly be dangerously exposed. The EU, Russia and China have all expressed a deep interest in establishing the Euro in Iran's new bourse, a term which in itself implies connection with continental Europe's bourses, or stock exchanges." Wasn't this put out as one reason behind Iraq?

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