On Sat, May 7, 2011 at 10:49 PM, <[email protected]> wrote: > I don't really see the point. Bankrupt is bankrupt. It's not the fault of the > Euro, and changing currencies isn't going to make any difference. If Defkalion > is playing a part, then Greece's fortunes will turn (it's Nickel reserves are > worth about 3 trillion in energy dollars; assuming 30% conversion efficiency > and > Ni62/64 only), and it still won't matter whether or not it's part of the Euro.
Isn't it tantamount to abandoning the petrodollar as the currency for purchasing oil? You can buy ECats with a Euro or you can buy them with a currency that Greece controls. Looks to me like George could be in the driver's seat. T
