Question for Oprano experts on international economics

[Winetalk.com]

I don't see how dealing oil in Euros by Iran would hurt USA.
Bonds are expensive and so are precious metals now.
I don't see the rise of inflation either.

I personally find the best values today in 1 year CD's paying close to 5% with ZERO chance of losing money and 100% safety

http://www.bankrate.com/brm/rate/hig...416&product=15

[Mike AI]

Originally Posted by Winetalk.com

I don't see how dealing oil in Euros by Iran would hurt USA.
Bonds are expensive and so are precious metals now.
I don't see the rise of inflation either.

I personally find the best values today in 1 year CD's paying close to 5% with ZERO chance of losing money and 100% safety

http://www.bankrate.com/brm/rate/hig...416&product=15

Ditto. Iran is 34th in the world in GNP. The United States has prevented any business with Iran since the late 1970s.

http://en.wikipedia.org/wiki/List_of..._%28nominal%29

[melody]

Thanks, guys.

I keep hearing that this is going to foment some massive abandonment of the dollar large-scale. I thought it sounded like wishful thinking on my European friend's part, although I suspect he meant well in warning me. Probably something somewhere in between. We can hope no one's economy will be affected.

[Mike AI]

Originally Posted by melody

Thanks, guys.

I keep hearing that this is going to foment some massive abandonment of the dollar large-scale. I thought it sounded like wishful thinking on my European friend's part, although I suspect he meant well in warning me. Probably something somewhere in between. We can hope no one's economy will be affected.

Over the next 20-50 years the United States will still be the United States.

Do you think there will be an EU? Certainly there will be in EU as recently envisioned with member Countries, including France, rejecting the EU Constitution.

[gold4dinar]

Originally Posted by Mike AI

Over the next 20-50 years the United States will still be the United States.

Do you think there will be an EU?