Don't forget there are still many countries in Europe that haven't adopted the euro, and that's in nearly 10 years of existence. I think there are still 11 of the EU countries left to adopt it.
A global currency would take *far* longer in terms of planning and agreement, then finally adoption. Plus there just aren't the drivers to make it happen right now.
The euro was created for a group of continental countries with shared culture and history, although still many differences. Can you imagine a worldwide currency being adopted in the next 50 to 100 years? It will be a great day when it happens, and perhaps part of the road to a world government and more peaceful life for all the inhabitants of this planet.
Globalism the death of Forex trading?
in General Forex Discussions
Posted
Re: Globalism the death of Forex trading?
Don't forget there are still many countries in Europe that haven't adopted the euro, and that's in nearly 10 years of existence. I think there are still 11 of the EU countries left to adopt it.
A global currency would take *far* longer in terms of planning and agreement, then finally adoption. Plus there just aren't the drivers to make it happen right now.
The euro was created for a group of continental countries with shared culture and history, although still many differences. Can you imagine a worldwide currency being adopted in the next 50 to 100 years? It will be a great day when it happens, and perhaps part of the road to a world government and more peaceful life for all the inhabitants of this planet.
Hey, I can dream.