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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (717)	9/28/1998 10:05:00 AM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 3536

Any world currency is going to take a long time. Yes in all likelihood there will be some sort of interim step that involve the three major economic regions. But there is also a possibility that the major currency blocks merge first, afterall their economies are all ready pretty tightly aligned. In that the scenario the fringe currencies will ultimately have the choice of aligning with the 'global' currency or condemning themselves to becoming permanent economic underachievers. Yes there will be a lot of roadblocks but it will happen eventually.