Some countries that are close to Europe that already hold Deutschemarks, clearly would automatically hold euros, those are countries in Eastern Europe mainly, a few countries in Africa.
Robert C. SolomonThere has been talk in Europe about American hegemony being somehow based upon the use of the dollar in the world. I just don't see that connection at all.
Robert C. SolomonAll trust involves vulnerability and risk, and nothing would count as trust if there were no possibility of betrayal.
Robert C. Solomon