Post Tagged with: "world currency"

January 24, 2013 05:19

25 Years of Global Recession to Correct Spending Binge

The contraction phase of not having anything backing this inflated wealth will take 25 years of contracting to get back to sustainable levels.

August 19, 2011 05:34

World economy flailing – China renews call for new world reserve currency

Four years after the financial crisis began and the world has certainly not returned to normal. No major developed economy has yet fully regained the output lost during the recession and global share prices remain almost a third lower than their peak prior to the crisis. – BBC