us under threat from the euro axis of evil

  1. 5,447 Posts.
    The common thread running through the countries described as the Axis of Evil is that they have all changed their money reserves to Euros in the last two years.They are also selling,in the case of oil producers,their oil priced in Euros.Don't be surprised to hear European countries mentioned as being evil in the near future,although I think it has already started with France and Germany.Another Bretton Woods conference coming up IMHO.It sure looks bad for the US;outnumbered by the surrounding indians.It will be interesting to see if gold has a role to play;if a re-alignment of currencies and oil pricing is required some stabilizing factor will need to be found.Lets hope Australia is not at the losing end of any bargaining.
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