why the change to the Euro? The Euro isnt backed by anything like the dollar so shouldnt these oil producing nations be looking to a more stable currency?
You are very right about the euro being low. But consider this.
When Sadam changed to the Euro in November of 2000 the value of the euro jumped up from 83 US cents to over $1.05
Also notice how the "Axis of evil" seems to include countries planing to switch to the euro like IRAN hmmmmm
Also Venezuela is coming under pressure from us because Hugo has been doing bartering with neighboring South American countries, Thats American subsidy we are loosing, so we probably send in a few agents to highlight his "Sadam like" rule over the people. But Hugo has gone even further to suggest OPEC take advantage of high-tech electronic barter and bi-lateral exchanges of its oil with its developing country customers and not even bother with the euro. This in itself is a kick in the balls of both America and Europe.
Don't be surprised that Al Quadia or some other terrorist group magically appears in Venezuela. And we need to "Free the People"
While we are arguing about things like "911 truth" there are more damaging and subtle attacks being done in America. Much in the same way the JFK assassination was perpetuated ad nauseum to cover government discrepancies.
In the world of magicians this is a common thing, with enough misdirection you can make an elephant disappear.
We simply don't want to admit we are being fooled, all we have been seeing is the "magicians" explanation of how it was done. And you don't have to be stupid to be fooled, in fact it's easier to fool an intelligent person than a fool that knows he's a fool. It's about feeding your ego and building confidence in your intelligence .
I do magic tricks as a hobby and do this all the time. Lead people down a logical path and then do something impossible, then provide a plausible explanation that is 100 miles from the truth. Only one person ever caught how I do them and she was "slow" by most peoples standards.