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To: ild who wrote (144953)1/21/2002 8:30:46 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 436258
 
Bullish on the Euro longer term - as the Euro will replace the USD in the Mattress Banks. The French big Mattress saver will start accumulating € and sell USD as will many in Eastern Europe and Russia. A big shift will start when many there will discover that the USD they hold are fake printed courtesy of the Iranian government.

Also Iraq and Iran will switch to the € for their oil exports as will many in the Far East. The wild card is China and India IMHO. Not sure about their population attitude on the €.

BWDIK
Haim