Quote:
Originally Posted by amilcarkabral
China is on the verge of becoming the big guy on the block in an area of very big guys. Do you know that Asia holds like 2/3rd of the world's population (India, Indonesia, Pakistan, Russia and Bangladesh). So it is possible that when their economy starts integrating into most of the country, then the Yuan will become the defacto standard at least of Asia instead of the dollar and the Yen.
I doubt they'd integrate much with the Middle East. They are two different civilizations, and civilization is a gap that almost can't be hurdled.
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It wouldn't matter if it could be hurdled, they may not form with the Middle East, but they will be consolidated. Look at the European Union at its formation, they all had various gaps as well as economic concerns which didn't fully translate into the agreement, but it still has, the only detractor from it is England with the Sterling [Pound] because their currency is currently stronger and wouldn't be sullied by the rest.
Just wait until the Central Banks and World Bank start working together, they will soon form under one and continue to consolidate... In fact, look at our neighbors and the treaties in which we have with them [Canada and Mexico], Both NAFTA and CAFTA will open our borders and consolidate our currency into the Amero, and with the civilization and cultural concerns we have with Mexico will be an after thought.