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Greenspan: Euro could replace US dollar as reserve currency.

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roamer65 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 09:15 AM
Original message
Greenspan: Euro could replace US dollar as reserve currency.
Edited on Mon Sep-17-07 09:20 AM by roamer65
I think he's right. You really have to wonder what crosses Bernanke's mind when Greenspan speaks up like this...

http://biz.yahoo.com/ap/070917/germany_greenspan_euro.html?.v=1
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endarkenment Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 09:20 AM
Response to Original message
1. Greenspan seems to have gotten a new job.
Having 'retired' as head of 'the fed', he now appears to be the lead spokesperson for 'the Global'. WTF?
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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 09:54 AM
Response to Reply #1
5. Or for the "Committee to Salvage Greenspan's Reputation" nt
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thunder35 Donating Member (127 posts) Send PM | Profile | Ignore Mon Sep-17-07 09:38 AM
Response to Original message
2. it mean's the US is not going to be a superpower much longer?
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 09:43 AM
Response to Reply #2
3. When corporate ANTI-america sells off and sells out America..........
and its people, loss of our 'superpower' status is the least of our worries.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 09:44 AM
Response to Original message
4. K&R
:kick:
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The Backlash Cometh Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 10:07 AM
Response to Original message
6. And I bet that's why there's such big support for outsourcing among
the corporatist politicians. Because they know it's coming, and this will help buffer the likely losses that will come when the conversion begins.
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CrispyQ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 10:12 AM
Response to Reply #6
7. I hope the walls around their mansions are very, very high.
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rosesaylavee Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 10:14 AM
Response to Reply #7
8. There is always the catapult.
Their walls will not be high enough.
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Double T Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 10:28 AM
Response to Reply #8
9. Don't forget the battering ram.

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kineneb Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 11:46 AM
Response to Reply #9
11. don't forget the trebuchet
http://www.trebuchet.com/

somewhere in England there was a group of guys that were working towards launching a Buick with a large trebuchet...they had already mastered toilets and pianos...
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rosesaylavee Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 11:51 AM
Response to Reply #11
12. Oooo! They offer a kit at their website!
Sounds like a great DU project. Maybe we can keep it at Skinner's House?
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kineneb Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-17-07 11:34 AM
Response to Original message
10. I said that in 2002. Greenspin just noticed?
Went to Belgium for thesis research. Saw how easy it was for the EU countries to do commerce; told Hubby that the Euro would eventually replace the dollar as international standard.
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