In reply to Terry Blanton's message of Sat, 7 May 2011 22:54:28 -0400: Hi, [snip] >On Sat, May 7, 2011 at 10:49 PM, <mix...@bigpond.com> wrote: > >> I don't really see the point. Bankrupt is bankrupt. It's not the fault of the >> Euro, and changing currencies isn't going to make any difference. If >> Defkalion >> is playing a part, then Greece's fortunes will turn (it's Nickel reserves are >> worth about 3 trillion in energy dollars; assuming 30% conversion efficiency >> and >> Ni62/64 only), and it still won't matter whether or not it's part of the >> Euro. > >Isn't it tantamount to abandoning the petrodollar as the currency for >purchasing oil? You can buy ECats with a Euro or you can buy them >with a currency that Greece controls. Looks to me like George could >be in the driver's seat. > >T
You might be right, but would it really make all that much difference? Germany does just fine using the Euro (because of it's exports), and wouldn't even contemplate leaving it. Regards, Robin van Spaandonk http://rvanspaa.freehostia.com/project.html
