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2006-04-16 Europe

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Posted by lotp 2006-04-16 00:00|| || Front Page|| [3 views since 2007-05-07] Top

#1 Just two - three years ago you could count a hundred stories dripping in smugness about how wonderful this new currency was and how it represented a threat against the international dominance of the US dollar. IIRC there were some Arab countries that were going to start doing oil trades exclusively in the Euro.

Guess you should start working on ~~switching back to the $~~ Plan B now, eh, gov'nr?

Posted by Raj 2006-04-16 08:50|| 2006-04-16 08:50|| Front Page Top

#2 The only questions are when the Euro is abandoned and whether the abandonment is accompanied by violence. I suspect the answers are not soon and therefor yes, respectively.

Posted by Nimble Spemble 2006-04-16 08:54|| 2006-04-16 08:54|| Front Page Top

#3 Yes, but they quote Krugman (1993). I don't know how much stock I'd be willing to put in his advice. Isn't he just a political hack?

Posted by 2b 2006-04-16 09:51|| 2006-04-16 09:51|| Front Page Top

#4 2b - I thought the same thing when I saw Krugman's name. He was once a serious economist,and yes, now he's just a hack / Bush Basher. Check out Don Luskin's blog, a one-man Krugman Killer (a few years ago Krugman accused Luskin of 'cyber-stalking' and stalking him personally when Luskin asked him to autograph a book).

Posted by Raj 2006-04-16 10:03|| 2006-04-16 10:03|| Front Page Top

#5 thanks - interesting site.

Posted by 2b 2006-04-16 12:12|| 2006-04-16 12:12|| Front Page Top

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