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The Chinese Yuan will most likely be the next world currency.
I think you got that wrong....Eight years of Bush destroyed the dollar.
The Federal Reserve and eight years of mismanagement, negligence and deregulation by a callous, illiterate Republican administration destroyed the dollar, not Obama or the Democrats.
I'm not sure if I would agree that this is all President Obama's fault.
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To those who would blame Bush I would point out that Obama has been in office for almost a year and the devaluing has been steady for the last six months after being reasonably steady during Bush's terms. Personally I think the bi-partisan home loan debacle was the serve, Bush's bailout was an assist and Obama's bailout and subsequent takeover of some private enterprise was the spike that put us where we are now.
It will most likely by a basket of currencies in my opinion such that no country has too much clout over the other. They're already doing this with oil coming out of Venezuela and Iran (they don't accept U.S. but instead a basket).
Going to another point. Once the U.S. Dollar collapses as a global currency it will also collapse domestically as well. And you know what will replace it?
THE AMERO.
And it had nothing to do with your father George Dubya.
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