reply to post by Daedal
Never fear WHAT the gov or bankers proposes. In the end, its the People who calls the shot.
Do you dare to accept Yuan, or Yen, or Rupees, instead of the Dollar for your international goods or services?
The trust will still be in dollar. BRICS had tried to do away with the dollar. Iran had tried to do away with the dollar. Asia is trying.
Ultimately, it is all about stability, which is what the market needs. China is MOST certainly not stable, not with its numerous cases of corruption
and short chaning of its own people, and its capriciousness with the non-existance Rule of Law. It's only a matter of time before it collapses, and
the money amassed used finally to alleviate the sufferings of the People.
Globalisation only benefited international corps, not the masses. Even with a rise in salaries, workers would rather return back to their villages,
that is, if there are still villages left and not land grabbed by the corrupt CCP members sold at profits to Corps.
Japan has huge debts of its own, with an unresolved nuke reactor still flowing radioactive isotopes out, and most worse of all, laying in the
currently active geological Ring of Fire which will only react time and time again.
India - enough said. The red tape is endless.
One day, there may be a new world currency, but that day is still far, far and illusive as yet, for the greedy 1% themselves cannot unite even in
greed. Thus, the dollar will still stand, even if it is to USA's benefit if it is lower in value, for then it would mean more exports and more jobs.
sorry, not a british colonialist, sahib, i'm a multi-ethnic [A/E/WA] late 20th-early 21st century human from the US. that likes BEEF
