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 World currency In the foreign exchange market and international finance, a world currency, supranational currency, or global currency is a currency that is transacted internationally, with no set borders. In the 17th and 18th centuries, the use of silver Spanish dollars or "pieces of eight" spread from the Spanish territories in the Americas westwards to Asia and eastwards to Europe, forming the first worldwide currency. Spain's political supremacy on the world stage, the importance of Spanish commercial routes across the Atlantic and the Pacific, and the coin's quality and purity of silver helped it become internationally accepted for over two