Thursday, 3 September 2009

Money, Money, Money


The G20 finance ministers' are meeting this weekend and Nick Dearden on the Guardian has written an interesting article on ditching the dollar for buying oil. There has been growing talk of a Global Bank for some time now, but America had dominated the banking world, now however China does. There is a very interesting graph on the FT, that shows the influence that China will have on these talks. As an added bonus, if you move the slider at the bottom of it, you can watch Britain's wealth go titsup.com.

This subject however is of particular interest to me, given I'm a firm believer in following the money. Greed has shaped our history for thousands of years more land, gold, power, influence, whatever form it takes it will play a big factor in whether anything happens with moving away from the dollar.



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