Euros . The conversion from trade deficit to trade surplus would have to be achieved at a time when its property and stock market prices were collapsing and its domestic supplies of oil and gas were contracting . This would mean a very painful conversion for the US . The purely economic arguments for OPEC converting to the Euro seem very strong . The Euro-some does not run a huge trade deficit nor is it heavily indebted to the rest of the world like...











SUBJECTS

