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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (127387)	3/26/2004 11:20:55 AM
From: Hawkmoon	Respond to of 281500

One of the core reasons for this upcoming war is this administration's goal of preventing further Organization of the Petroleum Exporting Countries (OPEC) momentum towards the euro as an oil transaction currency standard. Which begs the question of whether it is in the interests of the European economy to possess a stronger Euro.. I would opine that it is not. A stronger currency forces Europeans policy-makers to adopt even more stringent restructuring of their economy in order to make their products attractive in competition with US made, or even Chinese manufactured products. It would not seem to be in the interest of European leaders to have a strong currency, and the resulting higher unemployment that has been the result. However, I do suggest that the US understands that control over the destiny of Iraq's political and economic future is crucial to stemming the tide of economic stagnationation, as well political radicalization within the Middle East. The Islamo-Fascist "Swamp" must be drained and an alternative vision provided to the citizens of the region. Hawk