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| Actually, many of those countries have, or are in the process of changing from the $ to the Euro, due to the increasing strength of the Euro. Long term, the dollar is doomed I think at least for the next two years, with the impending housing bubble (and debt to China) about to burst the American dream. | |
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Only Iran has mentioned it may start pricing in Euro, sorry Deutschmark, IIRC
Just google "iran euro oil"
But what happens if (when?) Spain, Italy and Greece all bomb out of the Euro...