At 20:02 -0400 02/05/31, kilopascal wrote: >2002-05-31 > >After carefully thinking about your conclusion, I'm going to disagree. You >are assuming that the dollar will remain at 80 % and the Euro will only >replace the present usage for the Mark, the Franc and the Pound Sterling. I >expect that 80 % to dwindle, for the following reasons:
John, I agree with most points of your analysis >The exact amount of power the Euro will take from the Dollar is unknown, but >rest assured what ever it is, it will have a negative effect on the US >economy. but here I disagree : there is no reason that the euro damages US economy, on the contrary. What it could hurt is the dollar supremacy in international financial transactions. In any case it will be a factor of equilibrium and stability. Louis
