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Re: Euro notes cash in to overtake dollar Posted on: Thu, 28 Dec 2006 11:38:01 -0700



ginger-haired-lard-arsed-money-grabbing-bitch wrote:
> http://www.ft.com/cms/s/18338034-95ec-11db-9976-0000779e2340.html
>
> Euro notes cash in to overtake dollar
>
> By Ralph Atkins in Frankfurt
>
> Published: December 27 2006 22:07 | Last updated: December 27 2006
> 22:07
>
> The US dollar bill’s standing as the world’s favourite form of cash
> is being usurped by the five-year-old euro.
>
> The value of euro notes in circulation is this month likely to exceed
> the value of circulating dollar notes, according to calculations by the
> Financial Times. Converted at Wednesday’s exchange rates, the euro
> took the lead in October.

Considering the growth of the U. S. deficit since the moron
took office as President, and the fact that much of our
economy survives due to foreign investors, is anyone really
surprised?