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View Diary: New: concern trolling the euro (241 comments)

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  •  One, Two Punch (6+ / 0-)

    Besides being the Reserve Currency, all oil business is done in dollars, which drives up demand for the dollar. Now, with even the Saudis considering trade in Euros, there is no reason for a foreign country to want dollars at all, except maybe to buy American real estate at rock bottom prices.

    Still, the prospect of a broken American economy coupled with a reckless government in possession of thousands of nuclear weapons must disturb European leaders.

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