Talk: of the conjecture in the era after the financial crisis

Talk: of the conjecture in the era after the financial crisis

February 23, 2009/Dong Xiucheng

At present, the global financial crisis is sweeping the world, its sphere of influence of unprecedented impact deep is still difficult to come to the conclusion that this world has to think of the Western world in the outbreak of the great depression in the early First century, some even predict the financial crisis may exceed the destructive power of the last great depression.

Last economic large depression led European economic strength decline, and United States economic strength large increased, turn thoroughly change has to European for Center of world economic pattern, United States gradually replaced European became world Shang strength most powerful of national, especially second times World War yihou, United States gradually became world economic power and political military Overlord, and gradually formation to dollars for world currency of financial system and trade system, United States Federal reserves Committee actually became world Central Bank, dollars issued equal to to world issued currency.

While the eurozone countries evolved in the 90 's, tried to challenge the dollar's dominance of the euro, when due to the limited economic strength is hard to shake the dollar eventually as the center of the world monetary system and financial system, many countries of the world's foreign exchange reserves is basically dominated by reserve $, many countries and currencies tend to be pegged to the dollar as the basic policy, bulk products deal in the world to pay in US dollars currency.

Is the basis for economic, political economy, significant impact of the financial crisis on the world economy may mainly reflected in the financial world order after the crisis will change dollars credit to be hard hit, people may lose confidence in the dollar wealth, thereby attempting to change the financial structure.

Times may change after the financial crisis is: as the dollar decline, United States economic strength and position of relative decline in emerging economies were significantly improve, dollar dominance may not be guaranteed, multiple currency payment and settlement system, new world financial system, monetary system and trading system will replace the United States rule, economic and political patterns are likely to evolve a multipolar world.

If above guess to into really, may is this financial crisis to world left of maximum of heritage, also meet human social development of inevitable law, that is world Shang impossible has eternal of hegemony national, from history Shang had appears had of ancient Rome Empire, and Spain, and Netherlands, and Mongolia Empire, and United Kingdom, and France, and Germany, power national, to currently of United States hegemony, are may as history evolution and occurs change, absolute does not exists eternal of world Overlord.