Quote:
Originally Posted by Honeykiss1974
China calls for new global currency (AP)
AP - China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis.
http://buzz.yahoo.com/article/1:y_ne...zneJceVLban414
Hmmm. Not too surprised - I knew it would eventually come to this...
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Oh weird! You mean China wants to unpeg from the dollar now that they would get to dictate terms of the new currency? Surprise!