What will happen to the world economy when these things occur?

1. The Euro is replaced as the dollar as the new "reserve currency" and becomes more commonly used.

2. The Chinese Yuan is revalued and given a much higher value.

What happens to the world economy when these 2 things occur?




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ashiq2008 wrote:1. The Euro is replaced as the dollar as the new "reserve currency" and becomes more commonly used.

2. The Chinese Yuan is revalued and given a much higher value.

What happens to the world economy when these 2 things occur?

I don't see the euro replacing the USD as a reserve currency.....Greece going bankrupt ain't helping that scenario at all.

the Yuan being reval'd will just keep them from short sheeting the rest of the world's economies like they have been by keeping it artificially low.