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To: Silver_Bullet who wrote (16064)12/3/2003 4:28:28 PM
From: Bucky Katt  Respond to of 48461
 
It is already traded in €uros to some extent...At some point, the dollar might just stop being the world reserve currency, just as the English £Pound Sterling lost that title around the turn of the last century...



To: Silver_Bullet who wrote (16064)12/3/2003 4:46:56 PM
From: Condor  Respond to of 48461
 
How long before oil is traded in Euro's instead of $??

I read an article and posted it about 10 days ago whereby Russia is not adverse to selling oil in Euro.
Global dynamics are changing and will continue to do so IMO and it will be constructive.
Think about it, since the fall of Russia et al, terrorism has come to the forefront and proliferated.
The world doesn't work well with only one bully. Hence....China (SE Asia) will prosper as well as the Euro-union. Many big sticks, keep everyone in line.
JMO

cheers

C