what to put in its place,
the dingdong?
I’m sure the one world government folks are loving this. They will be all over msnbc soon calling for a global currency.
Besides the US, there are 16 nations with AAA ratings. Pick one that is not using the euro:
UK, canada, new zealand, australia, isle of man, denmark, sweden, norway, and singapore...all are AAA rated and do not use the euro
the obvious alternative to the US dollar in my opinion would be for the former british colonies(sans USA) to use a common currency. Maybe call it the new pound.
But the rest of the world is leaning towards using what they are calling the SDR or special drawing rights.
They've had several different SYSTEMS, not just governments, in the same time period, plus vast upheavals where the winners and the losers both lost and ended up under foreign domination and even occupation.
You get to have a world reserve currency by being around for a couple of centuries. The Chinese experience is entirely too short for anyone to trust the Yuan.
Sunday 07 August 2011 -UN wants new global currency to replace dollar
And too think people who spoke of the upcoming NWO were called kooks...
No.
It will be a new currency that is comprised of a basket of currencies. At the beginning, they will even offer a portion of gold backing to entice those who rightfully no longer trust fiat currency.
But rest assured, after a short while, they will drop the gold backing.
At that point, the Fabian Socialists who created the IMF and World Bank at Bretton Woods — backed by the cartel of central bankers who helped create the Federal Reserve — will have what they wanted all along — a global currency controlled by a global, central bank.
As Maier Rothschild said, to paraphrase, “Give me control of money, and I care not who makes the laws.”
All sovereign nations — the US included — are moot points and marks in history at that point. They will control every individual and every country by controlling money, earnings, prices, oil, transportation, healthcare, and most importantly to ensure that they have complete control of the masses (all except the few outliers who go off the grid), food.
My guess in either Russia or India.
China’s crash will follow ours. And it depends on who is left standing after WWIII
This freaking worst economy since Carter, we just all have to LOL. This is beyond Carter. The old coots didn’t realize what marxists we had in place. The old coots wanted a commie regime. We’ll take care of that next election. Obama gave them that tool. We MUST remove the commies from within. McCarthy was right. He was 50 years too late.
A basket of currencies will likely replace it.