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


To: Rarebird who wrote (42681)9/30/2005 10:25:56 AM
From: GST  Respond to of 110194
 
<Iran's proposal to receive payments for crude oil sales to Europe in euros instead of U.S. dollars threatens the supremacy of the US Dollar as the reserve currency of the World.>

The US has done so much to set the stage for this all on its own -- it would be ironic if Iran was the one to light the match and set fire to the dollar.