BF2S Forums Enter China, World Leader

Turquoise wrote:

I could see the gradual development of a single global currency, but this would require massive changes to the international financial system, and it would also require the development of an international version of the Fed Reserve -- a scary prospect when you consider how powerful the current Fed Reserve already is.

What's more likely to happen is that the Euro may become the premiere currency of the world in replace of the dollar.

A lot of what happens will depend on how far we go into debt.

Last edited by CameronPoe (2009-03-24 14:03:43)

CameronPoe wrote:

Turquoise wrote:

I could see the gradual development of a single global currency, but this would require massive changes to the international financial system, and it would also require the development of an international version of the Fed Reserve -- a scary prospect when you consider how powerful the current Fed Reserve already is.

What's more likely to happen is that the Euro may become the premiere currency of the world in replace of the dollar.

A lot of what happens will depend on how far we go into debt.

I think the idea of a single global currency is thousands of years away (hopefully never). You couldn't possibly maintain law and order across the globe when interest rate control is ceded to a central authority while such gigantic disparities in prosperity exist across the globe. I hate this whole concept of globalising regulation too - we need to devolve, govern locally and do a bit more micro-managing (globally speaking) because the more centralised power becomes the bigger and more frequent these disastrous economic swings will become as a few men in suits in nice air conditioned offices lose control over a gargantuan beast the control of which will essentially be no more than a black art (the global economy and banking system).

Man With No Name wrote:

Indians

Diesel_dyk wrote:

CameronPoe wrote:

Turquoise wrote:

I could see the gradual development of a single global currency, but this would require massive changes to the international financial system, and it would also require the development of an international version of the Fed Reserve -- a scary prospect when you consider how powerful the current Fed Reserve already is.

What's more likely to happen is that the Euro may become the premiere currency of the world in replace of the dollar.

A lot of what happens will depend on how far we go into debt.

I think the idea of a single global currency is thousands of years away (hopefully never). You couldn't possibly maintain law and order across the globe when interest rate control is ceded to a central authority while such gigantic disparities in prosperity exist across the globe. I hate this whole concept of globalising regulation too - we need to devolve, govern locally and do a bit more micro-managing (globally speaking) because the more centralised power becomes the bigger and more frequent these disastrous economic swings will become as a few men in suits in nice air conditioned offices lose control over a gargantuan beast the control of which will essentially be no more than a black art (the global economy and banking system).

SuperFed here we come.

Better watch The Obama Deception. I found it interesting that Obama and Hillary ditched their reporters by locking them in an air plane and having it take off, while they met secretly with the Bilderberger group. Collapse the economy, wreck the dollar, and propose the world currency as a solution. And go figure its the "Chinese central bank" Even the communists have given in and accepted a central bank system. Does anyone know if Russia has a central bank too. I'm starting to think that the middle east isalamic countries don't have central banks and that's why we're told to hate them so much. I bet Iraq has a central bank now and if they ever get Somalia under control that country will have one too.


http://www.youtube.com/watch?v=eAaQNACwaLw

Man With No Name wrote:

Ilocano wrote:

Man With No Name wrote:

Indians

Yeah, right.  Sure, they may have the third largest army, fourth largest air force, and seventh largest navy, but the weapons are almost entirely from foreign vendors.  When you can't even manufacture your own tier one weapon systems, like China can, you aren't even in the same league.   Also, they are currently majorly being f*cked by their suppliers.  Case in point, Russia hiking up the prices on purchases, like that aircraft carrier.  2025 is a long way to go to Modernization.

the indian military isnt entirely reliant on imports.  Also, you would find that indian investment in resource rich areas like africa match chinas pace.

ATG wrote:

Diesel_dyk wrote:

CameronPoe wrote:

I think the idea of a single global currency is thousands of years away (hopefully never). You couldn't possibly maintain law and order across the globe when interest rate control is ceded to a central authority while such gigantic disparities in prosperity exist across the globe. I hate this whole concept of globalising regulation too - we need to devolve, govern locally and do a bit more micro-managing (globally speaking) because the more centralised power becomes the bigger and more frequent these disastrous economic swings will become as a few men in suits in nice air conditioned offices lose control over a gargantuan beast the control of which will essentially be no more than a black art (the global economy and banking system).

SuperFed here we come.

Better watch The Obama Deception. I found it interesting that Obama and Hillary ditched their reporters by locking them in an air plane and having it take off, while they met secretly with the Bilderberger group. Collapse the economy, wreck the dollar, and propose the world currency as a solution. And go figure its the "Chinese central bank" Even the communists have given in and accepted a central bank system. Does anyone know if Russia has a central bank too. I'm starting to think that the middle east isalamic countries don't have central banks and that's why we're told to hate them so much. I bet Iraq has a central bank now and if they ever get Somalia under control that country will have one too.


http://www.youtube.com/watch?v=eAaQNACwaLw

People need to see that video.

It is the truth about what is going on.