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Old 07-28-2006, 04:45 PM   #27
Lanny_MacDonald
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Quote:
Originally Posted by Flashpoint
I ask again = Other than securing Oil, why are all these lives being wasted?
How about maintaining the American way of life? Try this on for size. Consider what would happen if Iraq actually shifted over to the Euro dollar as their standard for their oil bourse. What impact would that have on the marketplace and demand for American dollars. Consider that Iran was supposed to do the exact same thing, but has held off to this point (gee, the last guys that thought of this got invaded). Venezuela has moved to the Euro standard and Russia is now considering it as well. If all of these countries jump to the Euro standard, what would that do to the money market and demand for the US buck? Would the maket be flooded as countries switched to Euros? Would that no devalue the US dollar? What would that do to the $6 trillion in debt the US had? Now imagine what it would do to the $11 trillion they are now in hock? If the US buck becomes a 50 cent dollar to the Euro, and the Euro becomes the trading standard, then the US debt inflates grossly overnight. That $11 trillion could become $20 trillion before you know it. That could bankrupt the nation. Anyhow, its just a theory. It might also explain the run on gold in the US of late. Think about that one for a while.

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