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Robert Mundell, “the father of the euro,” and one of the world’s most respected economists, also views crisis as the starting point for change. In a May, 2007 lecture, Mundell related, “International monetary reform usual becomes possible only in response to a felt need and the threat of a global crisis.”
This Nobel Prize winner also pointed his finger to the possible trigger event, saying that the “global crisis would have to involve the dollar,” and that a world currency should be viewed as “a contingency” to a global dollar disaster.
With a similar crisis in mind, Benn Steil offers what appears to be an altruistic solution. In order to avert the crisis, all that nations need to do is relinquish sovereignty before the problem become insurmountable.
Originally posted by mystiq
reply to post by badmedia
Not when everyone stops using it and just shares the work and moves on from there with technology. Thats only one mindset. I've been planning on establishing a native village for some time, and with some technology. So my mind isn't in that one. The solution is starting to be shared. This is the first step. So we're going to have to disagree on that.
Edit to add: villages like this are already popping up around the globe, and many more are being worked on.
[edit on 9-10-2008 by mystiq]
Originally posted by Alxandro
Reply to post by Universal Light
I dont understand why we keep playing into the hands of obama_especially after he already claims to be a citizen of the world
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Originally posted by pluckynoonez
Now more than ever we need an event to rally us all:
[edit on 9-10-2008 by pluckynoonez]