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  1. Join Date
    Mar 2009
    Posts
    823
    #1
    gbp? - likely not, their economy is not that great anymore

    euro- they've been lobbying this in the middle east countries (only to those oil and gas rich countries) since the birth of the euro but when the e.u. euro currency problem (that's why ukgb was so happy that it was not part of the euro(different from e.u.))economic occurred it never came into reality(but it almost did)

    yuan- hahahahaha dream on

    a more rational and real approach is what we did in asean before, trade using local currency but not shift to a single currency like the euro

  2. Join Date
    Oct 2002
    Posts
    1,271
    #2
    Quote Originally Posted by victorevolution View Post
    gbp? - likely not, their economy is not that great anymore
    British economy has been doing good...but i don't think GBP will have any chance to replace USD as trading currency

    from: Can UK economy stay top of the league?

    Can UK economy stay top of the league?

    If the latest Markit survey of business activity and orders is accurate, the British economy is growing at a remarkably rapid 1.3% in the last three months of the year - which would be faster than any other rich developed economy.

    The UK is growing significantly faster than Germany and the US, for example - and probably faster than Japan, which in my strained analogy is Liverpool FC, whose under-performance has endured even longer than Arsenal's.

    If that estimated British growth rate is accurate and sustained, UK GDP in 2013 will rise over 3% - which is significantly faster than any mainstream economist is currently predicting and would be a return to growth rates we haven't enjoyed since the financial and economic crash of 2007-8.
    Last edited by explorer; November 16th, 2013 at 08:29 PM.

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What currency will replace US$ as world reserve or trading currency?