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telegraph.co.uk: UN wants new global currency to replace dollar


Thiebear

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UN wants new global currency to replace dollar

The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War.

http://www.telegraph.co.uk/finance/currency/6152204/UN-wants-new-global-currency-to-replace-dollar.html

Because you know, they could STRONGLY word a document to tell China and Russia to fix their economy better if it came down to it, as opposed to relying on the United States for everything.

Of course China pays 2%

and Russia doesnt even show up..

YEP! They are responsible enough for the change.

Drop the United States and Japan and there is no United Nations.

192 member states (10 actually pay)

Member state Contribution

(% of UN budget)

United States 22.00%

Japan 16.624%

Germany 8.577%

United Kingdom 6.642%

France 6.301%

Italy 5.079%

Canada 2.977%

Spain 2.968%

China 2.667%

Mexico 2.257%

Other member states 23.908%

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they are correct on this though: We Promised never to do what were doing.

China alarmed by US money printing

The US Federal Reserve's policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, according to a top member of the Communist hierarchy.

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