The World Is Curved But ignorance of the realities of a changing world can be very dangerous. Europe's currency crisis in 1992 is a case to underestimate the power of the financial markets caused by human judgment and a political mistake this huge crisis due. Since ignorance of the changing world, the British pound has experienced a tremendous value plummeted this change the currency systems of Europe, given the continued strong shock to the global economy. These events show that this causes any risk to the folly does not recognize the changes in the global financial environment. If you do not open your eyes
World currency desire for a new supranational reserve currency by showing off a coin minted with the words "unity in diversity". The coin, an example of a future world currency, emphasized his call for creating a mix of regional currencies as a way to address the global financial crisis. On 30 March 2009, at the Second South America-Arab League Summit in Qatar, Venezuelan President Hugo Chavez proposed the creation of a petro-currency. It would be backed by the huge oil reserves of the oil producing countries. An alternative definition of a world or global currency refers to a hypothetical single global currency