| 28 jul 2006 | | World currencies. | The world is on the way to three main trading blocks, which will dominate global trade.
The dollar, although about to have a massive correction that will affect the whole world, will with Canada and Mexico become the currency of the Americas. This will be a continental trading block.
http://news.bbc.co.uk/2/hi/business/4772049.stm
The Euro trading zone, now well established, is certain to draw more countries into its free trading zone.
Russia, China and central Asian republics have been joined for five years in an Asian trading block. Closer ties are already being forged in the Shanghai Cooperation Organisation which in terms of population is bigger than the EU.
England, New Zealand and Australia commonwealth countries will probably remain WASP US centred in terms of allegiance but regional in terms of trading partners.
Middle East is being carved up into the countries that America is invited into or kicks the door down where not wanted; and those countries that are forming economic alliances with the resource hungry Eurasians.
Africa is still somewhere the west can send arms. There is no chance of the west responding to the continual conflict in Africa in any meaningful way. They make way too much money in arms supplies, usually of the most horrific kind, ‘google’ Princess Di’s efforts in the region before she was killed. The theft of resources by western companies will ensure the lights stay off in the Dark Continent.
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