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To: chic_hearne who wrote (22669)9/28/2000 2:20:07 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<Switzerland is not in either, right?>>

Switzerland actually has a SHRINKING money supply, as well as historically an extremely strong currency. The only way Switzerland would join the ECB is if they pried their cold dead fingers off the Swiss Central Bank first.....



To: chic_hearne who wrote (22669)9/28/2000 2:32:31 PM
From: Oblomov  Read Replies (2) | Respond to of 436258
 
As much as I would benefit personally from the bearish consequences of a strong Euro/weak dollar, why would Denmark want to use the same currency as Spain, Portugal, Greece, etc? The Euro just is a symbol of the bureaucratic arrogance and demotic leveling impulses of the EEC. Europe's greatest asset IMO is the diversity of its culture. It would be a big mistake for Europe to ape the American effort to erase all regional economic and cultural differences. Go Denmark!!!

comments?



To: chic_hearne who wrote (22669)9/28/2000 2:35:40 PM
From: per strandberg  Read Replies (1) | Respond to of 436258
 
Switzerland and Norway are not members of EU.
Both countries seem to have done well despite being outside of EU.
Norway is generates its cash flow from the flow of oil, Switzerland from its flow of money.
Both their currencies have been strong compared to the Euro.
Then we have the member states outside of EMU (Euro):
Sweden, Denmark, Greece and Britain.
Denmark will be first to decide, Sweden and Britain later.
Greece will probably not even be accepted due to high inflation.

The United States of Europe still seems to be several generations away.