Thursday, February 14, 2013

THE END OF THE DOLLAR AS A WORLD CURRENCY?

From CNBC

When compared to its peers, the dollar has drifted to a 15-year low, according to the International Monetary Fund, indicating that more countries are willing to use other currencies to do business.

It would appear that within 10 years the power of the dollar will be ended after being the world currency since the end of World War II. The world senses that the U.S. is not the economic force it was once. . .and this will lead to less political respect.

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