is a one world currency more possible than ever?

With countries around the world struggling to get their economies back into shape. unemployment and food stamp usage at an all time high. China seems to be leading the pack with warnings and dire consequences if we do not fix this mess. Europe is really tanking and has just days to figure out what to do in the long term.

Think longer term. NATO is becoming an ever growing force in the world. Will the countries of NATO adapt to a new currency and combine the countries much like Europe tried to do?

However, I realize now that since Europe is failing it might not be the best idea. But even most Europeans do not believe their crisis is as bad as it is. And they won't admit why they are failing because of big government.

However, something needs to be done, and the idea of a One World Currency has always been around...

A one world currency can only come after major disasters .

Example : WW3 , Major natural disasters occuring at the same time in the world , economic collapse of more than half of the world , no food and water in major countries (China,USA and European Union countries) .

Germany is actually quite strong due to it's strict investment policies in their banking industry.

China is not nearly as strong as most think they are as their currency can no longer be "artificially" suppressed. They are trying to divest themselves of their own paper through aquisition of manufacturing facilities in Thailand, India and other "third world" countries.

As I've pointed out in previous posts, adopting a new international currency is actually giving up sovereignty. It would require a referendum. The only way Americans would buy into that, is if there was a large debt erasure involved... Let's hope that never happens...

Honestly, I think a national I.D. card that functions as a debit card as the sole method of purchasing is much more likely. Of course, those will be way to easy to counterfeit, so the RID capsules in the wrist will be proposed as "safety for all Americans"... Then you WILL have a SHTF experience...

Yeah, once the rich around the world snap up the last penny their wallets can handle, the 99% of the world population will declare that they will not support those currencies anymore, and will replace them with a currency that is independent of the old ones, making the rich stuck with meaningless digits in their bank accounts and portfolios and pieces of worthless paper!

Didn't you get the memo?

reply to post by jjf3rd77



I don't think so, and here's why:

The political situation in Europe is a consequence of not following the convergence criteria, which is happening because distinct cultures cannot operate with the same central bank without certain economies artificially benefiting and certain cultures suffering. The Greeks and Italians suffer because of Germany's productivity.

Although the Elites may want it, it makes no fiscal sense.