Korean Job Discussion Forums

[fiveeagles]

On Wednesday, finance chiefs of five of the six-member, oil-rich Gulf Cooperation Council approved a proposal to create a monetary union as a move toward adopting a single currency, according to the AFP.

http://www.thejerusalemgiftshop.com/israelnews/editorial/38-editors-choice/253-the-coming-1-world-currency.html

[huffdaddy]

Too late. The US dollar is already the de facto currency in much of the world. If anything, the move is away from US dollar hegemony.

[Ya-ta Boy]

Since when did Kuwait, Bahrain, the UAE, Qatar and Saudi Arabia constitute the world? Four of the 5 are hardly bigger than a postage stamp.

[fiveeagles]

[caniff]

[sojourner1]

Islam rising.


I'm not too hip on Islam taking over the world as the dominating imperialistic super power. When I say Islam, I mean the collaboration of Islamic nations that appear to be centered around Dubai. As long as there's demand for oil, there will be Islam rising.

How do you think they'd treat us if they are in charge???

[wylies99]

One world government and currency? NOT a good thing.

[Jandar]

I think if Petro-Dollars became a defacto fiat the US would immediately tap all of their own Oil reserve and start investing heavily in Fusion.

The only way to stop Fusion is to keep Oil Produced electricity under $0.05 per Kilowatt/Hour.

Don't know what that equates to in Barrel prices.

[aka Dave]

One thing that's killing the Europeans right now is they have a single currency, but a bunch of different governments, so it's hard for them to work together energetically to stem the crisis.

So a single currency for multiple governments is actually a bad idea if you're thinking about the current crisis.

[mindmetoo]

[Nowhere Man]

[mindmetoo]

[ddeubel]

[Leslie Cheswyck]

One world currency? Yes, it's called the Au.

[fiveeagles]