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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (11288)	4/4/2004 10:16:39 AM
From: DeplorableIrredeemableRedneck	Read Replies (2) \| Respond to of 110194

>Panic Scenario #1: OPEC oil producers decide to stop pricing their oil in dollars, and switch to a basket of currencies for both the pricing and settlement of crude oil transactions.< ratical.org "Saddam sealed his fate when he decided to switch to the euro in late 2000 (and later converted his $10 billion reserve fund at the U.N. to euros) -- at that point, another manufactured Gulf War become inevitable under Bush II. Only the most extreme circumstances could possibly stop that now and I strongly doubt anything can -- short of Saddam getting replaced with a pliant regime.