World Bank President Robert Zoellick said the United States should not take the dollar's status as the world's key reserve currency for granted
because other options are emerging.
In excerpts released on Sunday from a speech that he is to deliver on Monday, Zoellick said global economic forces were shifting and it was time now
to prepare for the fact that growth will come from multiple sources.
"The United States would be mistaken to take for granted the dollar's place as the world's predominant reserve currency," he said. "Looking
forward, there will increasingly be other options. We need a system of international political economy that reflects a new multi-polarity of
growth," Zoellick said. It needs to integrate rising economic powers as 'responsible stakeholders' while recognizing that these countries are still
home to hundreds of millions of poor and face staggering challenges of
development.". news.yahoo.com...
The dollars days are numbered.
I think we will be seeing the crash of the dollar and a new American revolution resulting in states splintering off into autonomous nations. But thats
just me.
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