China will not be lending the US much more money, wants US currency replaced!

[Kasz216]

non-gravity said:

Venji said:
Well now that the US dollar has fallen, and the Euro is in tatters, it's time to bring back the Pound Sterling as the world Currency - backed by a triple A rated Country.
The rest of Europe really should join the Sterling Zone, with all financial policy decided safely in Westminster.
(Extract from "The Rise of The Second British Empire", Chapter 1)

As if the UK isn't running huge deficits

No it's time for the new Dutch-German Deutsch Mark

If we were just going by the "best" currency, i'd go with the Swiss Frank.

Problem is, Germany, Nor Switzerland, Nor the UK has enough money to be the world currency...

and printing more money to get there would just lead to hyper deflation.

Amusingly though, the sharp rise in value of the swiss frank is cauisng higher unemployment.

China is just setting to eventually try and make thier own takeover bid, though I imagine eventually they'd have to greatly loosen their economic controls for that to happen.