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To: Albert V who wrote (7176)	2/3/1998 6:09:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116764

Also heard that the whole of European economy is greater than that of USA...but we have the force behind us..who is the force Bill Gates.. am I overestimating his importance? probably.. you made an excellent point..if that were to happen, wouldn't that mean big time inflation in US ..energy prices would be higher.. if Coleman's article was correct,supply/demand isn't a factor.. also lower prices..would that mean foreign money would flee US equities and bonds because of currency depreciation or new money coming in to take advantage of it..(wish I didn't see both glass half empty and glass half full..) also would mean that USA would gain ability to export more competitively once again.. heard that there are about 21 million small businesses in US and banks are beginning to make it easier to get loans..that is bullish for domestic US economy.. gold down

To: Albert V who wrote (7176)	2/3/1998 6:57:00 AM
From: Ron Wilkinson	Read Replies (1) \| Respond to of 116764

Albert, I believe your dollar/Euro scenario could come to pass, but think your time line is too compressed. First, the Euro doesn't exist, when it does there is only going to be so much of it to go around. The US didn't get trillions of dollars around the world in just a few years, it took many and two world wars. If oil was paid for in it, the Euro in the beginning would be driven so high that Europe couldn't export anything, and as you said the dollar and its holders would likely suffer. I can't guess at what the Oil countries might do, but don't believe intentionally starting another currency crisis would be in their best interest. MHO, Regards, Ron.