European Commission
President Jean-Claude Juncker just this
week said publicly that their plan, their
hope is that the Euro becomes a reserve
currency that rivals the US dollar
because Europe is tired of being
depended on the US Dollar.
In fact, he
specifically mentioned the fact that 90 plus percent of European
payments for oil are made in dollars he
says, "Why is this? Why are we buying oil
from Russia and paying in US dollars? It
makes no sense!" And so Europe wants to
wean itself from dollar dependence.
