http://www.marketoracle.co.uk/Article42760.html
I believe the dollar will not be able to compete with nor compete against the growing, global influence of trading blocs such as BRICS or the nations aligned with the Shanghai Cooperation Organization. These represent the largest trading bloc in the world and also are being courted by the Chinese Yuan for reserve currency status.
The concept of global commerce through closely aligned nations (such as the European Union, BRICS, etc.) causes the U. S. to be the Lone Ranger who much consider doing the same by aligning with Canada and Mexico in similar trading zones.
Should that be the case, we will eventually have ten, global trading zones/blocs. Some feel this could be what is referred to in apocalyptic literature as the ten nation Revived Roman Empire. However, I do not see that as being prophetically accurate. - Freddie Steel
I believe the dollar will not be able to compete with nor compete against the growing, global influence of trading blocs such as BRICS or the nations aligned with the Shanghai Cooperation Organization. These represent the largest trading bloc in the world and also are being courted by the Chinese Yuan for reserve currency status.
The concept of global commerce through closely aligned nations (such as the European Union, BRICS, etc.) causes the U. S. to be the Lone Ranger who much consider doing the same by aligning with Canada and Mexico in similar trading zones.
Should that be the case, we will eventually have ten, global trading zones/blocs. Some feel this could be what is referred to in apocalyptic literature as the ten nation Revived Roman Empire. However, I do not see that as being prophetically accurate. - Freddie Steel
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