-Caveat Lector-

At 12:52 PM 1/1/99 EST, Gerald Harp wrote:

>IMHO, the Euro will prove the most popular.  This is because the US is
>becoming less modern as time passes.  The key to societal (national) strength
>is for knowledge and wealth to widely exist over the entire population.

Could you please quantify this?  A quick check of census figures and the
C1A World Factbook he difference in average income between Germany and
Greece is greater than the difference between Connecticut and Mississippi
(the difference between west & east Germany is even greater).

Or were you referring to the difference in income levels between the
richest and poorest within a country?  In Europe these are held lower by
high rates of taxation and social welfare, i.e. income redistribution.

Europe will never be as cohesive as the US due to differences in language.
But I don't see this as being much of a factor in the Euro being a popular
trading currency.  Trading ties and currency stability will factor much
higher.  Look for the Euro to be popular in Europe, Africa, possibly
Western Asia, and the Dollar to maintain its strength in Eastern Asia and
the Americas.

Che

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