[PEN-L:6281] Re: Re: Re: Why Nato needs to destroy Serbia

[Doug Henwood <dhenwood@xxxxxxxxx>]

Yoshie Furuhashi wrote:

>Won't a prolonged Balkan war, especially if it spreads, make the Euro soft
>and Euro labor rise up against soc-dem-cum-neoliberals?

The euro had a bad day today, falling to an all-time low against the
dollar. A short-lived peace rumor caused it to rally, but it sank again
when the alleged peace plan was said to be nothing new. So far the euro is
suffering from "failure to thrive," and the war doesn't seem to have
helped.

It's a lot harder to tell what the European working class will do if this
persists than it is to follow the foreign exchange markets.

Doug