ref date:8 Mar 1999 (ECON)
USA a wolf in lambs clothing
The "UK"s special relationship with the Americans (if it ever existed)
looks like its coming to a fruity end.
Words flying across the Atlantic have the Americans bleating because
the Europeans wont buy bananas from their economically dominated Central
American empire and the EU accusing them of breaking World Trade Organisation
The federal reserve chairman, Greenspan, leaked the real reason on two occasions
in the last 3 months.
The US is terrified of the single European currency. The only true, relatively
debt-free industrial powerhouse left in the world is Europe, and that single
currency will make it even more competitive against the dollar.
Greenspan also told American banks (who charge customers for almost everything,
including the honour of depositing money.....!) that they were archaic and needed
to modernise, and he used Europe as the example.
So, whilst the government in London lets the Scots salmon farmers fall by the
wayside because of fish disease, Scots cashmere producers and even shortbread
makers must be, as the Americans say be BOHICad (bend over here it comes again).