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To: elmatador who wrote (42623)	12/6/2003 9:15:42 PM
From: menanna	Read Replies (1) \| Respond to of 74559

Hi elmatador: I realized that Jay's statement is a signaling a new direction of thoughts. I also respect his analysis a great deal. Hence my question to him and my chill. <See, oil increase 40% in USD but in Euro is the same price. You buy a barrel of oil -priced in USD today by the same price you bought it before because the USD decline vs the Euro. So anything that is priced in USD -and most stuff is priced in USD- is becoming cheaper for the Europeans> This is very true, but the Euro/USD situation is, imho, extremely complex. It is the effect of a struggle between two very different visions of the world order, one based on military supremacy, the other on diplomatic cooperation for a new type of supremacy based on some unhealthy elitism and classism. In other word, conquer by military power vis-à-vis conquer with gloves and grace. In the final analysis: conquering is the end, the means are different. One no nobler than the other in my view. With the next round of countries joining the European Union it seams to me that the intent is to create a totally self-sufficient economic zone in term of prime materials, production and consumption. Russia will bring in NG, oil, metals and minerals, forestry products, etc., etc. Russia on the east and Turkey will define the new border from west and east. The present US administration is not rolling over, nether are the Middle East or Asia. I do not want to sound catastrophic, but I think we live in very unstable times. What Jay is suggesting, together with the struggle for power that is going on, gives me a whole new chill. Time for a glass of wine and a mindless movie <g> Regards - Anna