Hello Jeff.,

 -=> Quoting Jeff Snyder to Peter Coggon <=-

 JS> Hello again Peter. Nice to see you posting here.

 JS> It is indeed true that China, as well as many other countries, large
 JS> and small, have been dumping the US dollar, and converting large
 JS> portions of their currency reserve to the euro, for several years now.

 I believe, that the market exists , where there is a cross roads of
civilization, and where too there is stablity, and right now
the European Union is that crossroads to place a successful marketplace.

 JS> Following is an excerpt from my January 2007 series "Saddam Hussein's
 JS> Execution And The Euro-Dollar War". While the list may be a little
 JS> outdated, it shows the nations which have been taking these steps:

 JS> ----- Begin Quote -----

 JS> The following list is constantly evolving, and may not be complete at
 JS> the time that you read this. Nevertheless, it is easy to see that the
 JS> Euro has steadily advanced, since its creation in 1999. When the
 JS> Euro-based economies reach a critical mass, the U.S. dollar will
 JS> explode, and the Euro will become the de facto reserve currency of the
 JS> world, which will be used to make most oil purchases.

 JS> Andorra            Guadalupe (Caribbean) Pakistan
 JS> Australia          Herzegovina           Portugal
 JS> Austria            Hungary               Qatar
 JS> Belgium            Indonesia             Reunion (Indian Ocean)
 JS> Bosnia-Herzegovina Iran                  Romania
 JS> Botswana           Ireland               Russia
 JS> Bulgaria           Israel                Saint-Pierre-et-Miquelon
 JS> Canada             Italy                 San Marino
 JS> Canary Islands     Jordan                Saudi Arabia
 JS> Cape Verde         Kosovo                Serbia
 JS> CFA Franc Zone     Kuwait                Seychelles
 JS> China              Latvia                Slovakia
 JS> Comoros Islands    Libya                 Spain
 JS> Croatia            Lithuania             Sweden
 JS> Cuba               Luxembourg            Syria
 JS> Cyprus             Macedonia             The Netherlands
 JS> Czech Republic     Madeira               The Vatican
 JS> Denmark            Malaysia              Tunisia
 JS> Estonia            Malta                 United Arab Emirates
 JS> Finland            Martinique            United Kingdom
 JS> France             Mayotte               United States
 JS> French Guyana      Monaco                Vanuatu
 JS> FYR Macedonia      Montenegro            Venezuela
 JS> Germany            Morocco               Yugoslavia
 JS> Greece             North Korea

 JS> ----- End Quote -----

I see Canada there, and the USA, and here we post the exchange rates
of the Euro, and I only watch PBS TV and during their report they
do the same.

 JS> It is my belief that the rise of the European Union, as well as the
 JS> creation of the euro, are some of the key reasons why friction exists
 JS> between the USA and Europe. Simply put, the United States simply does
 JS> not like competition when it comes to its foreign markets, and it views
 JS> Europe as a serious threat. Most wars have been over trade issues, but
 JS> they have been disguised as being about something else.

Wars are always money.   The USA isn't the first , nor last, and remember
the powerful East India Company had it's own virtual navy and army to
plunder with, as well the advantage to pull England into a war.

Yes, I would say the shift has caused ripples in CANADA and the USA as
we are well tied together in this shift.    As for center of money
...yes to that too.

No one likes threatening competition when it looks like one is going
to loose the number one spot.

I have faced the new European Union, as a new Super Power in the world
and with influence and with knowhow, and if they can make the world
a better place, and serve as a model for us all to attain, then
we should be taking a good look at what they've done.

Thank you for letting me post here Jeff.   I know this is for Bible
study, and discussion, so I shall bow out gracefully.

Peter




... El President-and ruler of the People's Republic of Jackson's Point
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