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 foreign direct investment (FDI). There are many different variations of the idea, including a possibility that it would be administered by a global central bank that would define its own monetary standard or that it would be on the gold standard. Supporters often point to the euro as an example of a supranational currency successfully implemented by a union of nations with disparate languages, cultures, and economies. A limited alternative would be a world reserve currency issued by the International Monetary Fund, as an evolution of the existing special drawing rights and used as reserve assets by all national and