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The "gradual change" I mentioned was not meant as a total transition from dollar to euro, the dollar stays on top in these scenarios, the herd goes along and the euro never gets above a certain treshold. So, I wasnt really answering your question, I realize.

In the transition scenario, its not smooth at all.

"If you know your enemies and know yourself, you will not be imperiled in a hundred battles." Sun Tzu

by Turambar (sersguenda at hotmail com) on Tue Nov 27th, 2007 at 03:40:00 PM EST
[ Parent ]
Oh, ok. They're very brave to be making predictions about such things until 2022!
by Colman (colman at eurotrib.com) on Tue Nov 27th, 2007 at 03:41:10 PM EST
[ Parent ]

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