Yes, I understand that most who are able to view this only care about the IQD or the VND, since those are the currencies we are invested in. But lets look at how we go to this point in time. Here are some articles that will show everyone how long and what has led to this being so close to completion.
March 18,2009 U.N. panel says world should ditch dollar: http://www.reuters.c...E52H2CY20090318
September 9,2009 United Nations Proposes New "Global Currency": http://www.cbsnews.c...305-504383.html
February 10,2011 IMF calls for dollar alternative: http://money.cnn.com...ollar/index.htm
Why do they want to stop using the dollar as the central currency? 2 reasons off the top of my head:
1) The United States has an unfair advantage and can manipulate rates and print new money when ever they choose to thus effecting the global economy.
2) Wti the banking crisis in 2008, the Unites States almost crippled the global economy, and destroyed the U.S, in the process. This scared all of the other countries who realized what the U.S. had become. VERY POWERFULL.
Some may be still wondering what is the relevance in all of this. Why do I care about this non sense? Well you should because you and I own a piece of currency that we hope will re-value in the future.