Quote:
Originally Posted by directfiesta
WTF are you talking about ... Drunk or just plain stupid ?
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No no no, out entire life as we know it depends upon the US dollar being the world's reserve currency!
Now I'm not going to profess to being an expert in world economics, but the comment did interest me enough to go do a little googling. From what I've seen, we might already be not too far off this happening. From what I managed to search up and read, the top nations in the world at the G20 have all expressed their dwindling faith in the US dollar, and suggestions have already been made by many to switch to special drawing rights, and many even the Chinese yuan.
Again, I'm not expert on the subject, but this leads me to ask the question, "If this would be so incredibly devastating to our lives, why are so many of the world's other powers supportive of the idea? And who exactly is it bad for?" Seems a little to me like that american "We ARE the world" attitude is shining a little with that comment...