London will be held in April at the beginning of the G-20 summit in the country before the stones one by one in the skirt is poured. We have included some countries, the economy, to minimize the effects of the crisis on the package to open the package, the world economy "at the beginning" to the country within the accounts are different.
For years he "reserve funds" to finance the U.S. dollar against the world has generated a reaction. China and the reserve funds react to Russia is the head of the movement and their allies are looking for. In the first stage, the idea of a new world monetary support is one of the countries Brazil, South Korea, India and South Africa is coming.
Response from the two countries this is the reason for increase, USA-based global financial crisis in the most China and Russia are causing erosion. Both countries, adverse developments that could happen in the coming period is very disturbing dollars. Of course a political party of the event has. Ready, the U.S. economy and the dollar has weakened so much concern about the stability of the new international monetary system has made the summit agenda, they think is time to bring it ...
China, for years the enormous gains in foreign trade through the "forcedly reserve currency" for the dollar denominated assets are invested. World with total reserves of 7 trillion dollars, China's 2 trillion dollars. In addition to 740 billion dollars in U.S. treasury bond market is so stuck with the hand ...
In Russia, the new oil yet because of the Russian crisis oligarkların, commodity and stock market losses suffered in the various speculations about making the average is 300 - 400 billion dollars to the strict eye of a loss of around can have a look. Russia, in fact since 2002 as a regional currency convertible Ruble then want to convert. Moreover, in recent years, the constant dollar reserve currency is one alternatifsiz criticized at every turn of the dollar reserve is reduced in stages.
Who have accumulated assets of the Year "necessarily" be as the dollar, reduce the belief in the reliability of the dollar, of course, are concerned. Compression is to continue to push the U.S. dollar. U.S. rescue package all ortaya konan fact is nothing to push the money for. (As if there was money yesterday as up to a maximum of dollars) U.S. dollars, the press, installed in the hands of countries with dollar assets, the value of assets for their future, thinking about sleep and how many are melting. Nobody does not want U.S. funding.
Dollars trying to escape from the world. This soft ground to escape the control of IMF in the creation of new money is needed Dillen. Dollars in the short term, however, is still extremely difficult to find alternatives. But once the die is cast ...
China and Russia to any country not connected to the idea of creating a new global currency of the United States ", of course," this is rough. Furthermore, as attacks against the United States, China's 2 trillion dollars in the hands of the section between the source to the IMF wants to use. In the coming days will continue to roll reciprocal moves.
U.S. President Obama the dollar is still strong (!) And a new currency that the world needs to look into the eyes can see it's easy. According Obama'ya the dollar's current strength, the U.S. investor and the world's most powerful economy the most stable political system! stems from the vision-mus.
Obama'ya who do not even believe it, but I do not believe.
Provisions of the weakened U.S. dollar means the end means the end of hegemony. In this case, the U.S. itself to the world fonlatamayacaktır now. Therefore, the U.S. will not give up.
In any place in the world with different political machinations to set the value of U.S. dollars to play with the possibility of economic data should not forget that ...
This possibility is currently the most intensive calculations and concerns, and Russia's cooperation with China in effort to escape from the "dollar war" then launched.
Fevzi Öztürk
