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To: KyrosL who wrote (108198)	6/12/2001 8:08:13 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Kyrosl, just read the news papers no need to be outrageous, the last furor in industrial espionage in Europe is around a sophisticated listening device stations placed on European soil. The claim is the US used it for it's own economic benefit against it's allies. Further it was published in newspapers that several countries were forced to buy US air planes or else ....... same with GE power generators etc. .......... South East Asia, S. Korea Taiwan are clear situation................ for sure it is not widely published in the US for obvious reason. Take advantage of the Internet and read and listen to foreign news agencies Why you think the whole scramble with the WTO ? Haim

To: KyrosL who wrote (108198)	6/12/2001 8:34:20 AM
From: Mike M2	Read Replies (2) \| Respond to of 436258

Kyros, the Bretton Woods agreement made in 1944 established the US $ as the world's reserve currency. Do you think the fact that the vast US arsenal of democracy played a major role in saving Europe and Asia was a factor in this agreement? of course. The cold war communist threat served to perpetuate the US $ as the world's reserve currency - who else could take on the Soviets? It is not that we threaten violence against our allies but that we were willing to be the world's policeman and impose our version of justice on the rest of the world. A strong military is expensive - I guess one could argue the reserve status of the US $ is a way for the world to subsidize our military and its role as the world's policeman. Mike