Kasz216 on 15 October 2013
| Zappykins said: The Euro. Doesn't anybody remember that Iraq was going to switch from The Dollar to The Euro as it's currency to sell oil a few years ago? I don't remember the exact details but bad happen to them (Iraq). Something with booms. |
You would want to trade for a more stable currency. The EU is the epitome of unstable at the moment.
Which is sort of the issue for the dollar. No other currencies are remotely close to being adequete as a reserve currency.
If the US did get "replaced" very soon it would be, by no reserve currency at all. (Or an internationally created one like the good ole bancor.)
