The United Nations called on Tuesday for a new global reserve currency to end dollar supremacy which has allowed the United States the "privilege" of building a huge trade deficit.Don't like the dollar eh? Well, then do I have an idea for you. How's about the US withdraws our funding for the UN? I mean, you clearly don't like the dollar, or the US for that matter. So we will take our 22% or, $440,000,000 annually, and start our own little club, called "The UN Sucks Alliance," AKA "The USA." Then, when you guys pass your little resolutions, that no one listens to by the way, and you need someone to enforce it, you can ask China, and see how that works out.
"Important progress in managing imbalances can be made by reducing the reserve currency country?s 'privilege' to run external deficits in order to provide international liquidity," UN undersecretary-general for economic and social affairs, Sha Zukang, said.
(Source)
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