Friday, April 8, 2011

Is the World Headed Toward a Single Global Currency?

Is the World Headed Toward a Single Global Currency? - BlackListedNews.com

Many economists, including Paul Krugman and Nouriel Roubini, have argued that the European Monetary Union is in trouble because of the fiscal difficulties of a few of its member countries. Some have predicted that the euro will fail.

Because the prospects for a future single global currency depend upon the continued success of the euro and the currencies of other monetary unions, I discussed the euro with Morrison Bonpasse, president of the Single Global Currency Association, to get his insight into this situation.

No comments:

Post a Comment