All my projectons are short to mid term. I don't see the World economy going tilt within the next couple of years.
In long term, perhaps the US will suffer. Or, it may not.
A factor that has not been considred here yet is that Global Economy is evolving faster then people can theorise about it. Therefore, current projections are all short to mid terms because no one knows what will happen in long term.
Value based currency may not be a valid concept 50 years from now. How will the system work then? I don't know. But it is a distinct possibility that a single country/economy/currency will become dominant and all others will be assimilated.
I am a huge fan of science fiction and most of the literature in past three decades has projected a Global Corporation running the World in future :)
I can almost imagine Bill Gates being introduced as President of the United States of the World Inc. in 2031 ~lol~
All my projectons are short to mid term. I don't see the World economy going tilt within the next couple of years.
In long term, perhaps the US will suffer. Or, it may not.
A factor that has not been considred here yet is that Global Economy is evolving faster then people can theorise about it. Therefore, current projections are all short to mid terms because no one knows what will happen in long term.
Value based currency may not be a valid concept 50 years from now. How will the system work then? I don't know. But it is a distinct possibility that a single country/economy/currency will become dominant and all others will be assimilated.
I am a huge fan of science fiction and most of the literature in past three decades has projected a Global Corporation running the World in future :)
I can almost imagine Bill Gates being introduced as President of the United States of the World Inc. in 2031 ~lol~