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To: Haim R. Branisteanu who wrote (174528)6/21/2002 9:40:00 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 436258
 
how could a right wing conservative government reconcile with a leftist socialist government in their economic policies

the same way depublicans and remocrats do it here: by spending enough to gild both wings. -g-



To: Haim R. Branisteanu who wrote (174528)6/21/2002 10:05:56 PM
From: ru2  Read Replies (1) | Respond to of 436258
 
This is something that I do not know and it is possible it happens.
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I would have thought that there were records of such things. BWDIK! I'm just a chart chaser! LOL!

The other factor is also the Mattress Bank which is used on the fringes.
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In Romania 4 weeks ago there was a dramatic turn around in what the guy on the street wanted to have in his hands as a foreign currency. The € was gaining acceptance fast. Just a few weeks before that the dollar was what every one wanted as had been the case for years and the € was some weirdo thing no one trusted. I am curious what the Russian money is holding these days. I remember Putin not so long ago told everyone not to buy Euro's and the Russians in Budapest were not. I'll find out next week if that has changed. In the EZ proper do people have a choice to have an account in some other currency other than €?

IMHO based on the political situation in Europe if the EZ will fail to get politically unified the EUR has little chances to survive for a long time.

For example how could a right wing conservative government reconcile with a leftist socialist government in their economic policies ?
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I have serious doubts about this myself although the incentive to not let the US be the only reserve currency is a big one. Then when I think of the strikes I saw when I lived in Paris I have a hard time imagining The Eu holding together when any country can vote to leave. In a sense it's like they are forming a new nation, but one that any country can vote to leave. In theory Texas can leave the US but I can't see them voting to do that. The French voting to leave the EU is easy to imagine. I am not sure about now but a few years back the EU issues were one of the things that was making le Penn popular with some of the French. I was not the least bit surprised at Le Penn's popularity this election.

The best exchange rate I could find on the streets in Budapest today was 1.008. Perhaps the banks were better than that but if they were it will be the first time I have ever seen the banks have a better exchange rate than on the streets in Budapest. In most other big cities I have been in it is the other way around.

R