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 President of the People's Bank of China, called for "creative reform of the existing international monetary system towards an international reserve currency," believing it would "significantly reduce the risks of a future crisis and enhance crisis management capability." Zhou suggested that the IMF's special drawing rights (a currency basket comprising dollars, euros, renminbi, yen, and sterling) could serve as a super-sovereign reserve currency, not easily influenced by the policies of individual countries. US President Obama, however, rejected the suggestion stating that "the dollar is extraordinarily strong right now." At the G8 summit in July 2009, the Russian president expressed Russia's