end of the euro? beginning of IMF virtual coin?

watched some Tv today and it has been said that the euro will collapse and basicly we will get a virtual IMF coin.

i wonder what this will mean for forex trading if we would get an coin that is united in the world.

um , screw that.

If we were to get one world currency, forex would be history.

I agree with Clouds..... "Screw that".

We can trade anyting, starting from..

Pork Belly Futures Options Trading.

http://www.infinitytrading.com/pork_...s_options.html

The euro is gonna collapse, yes, but an unique currency for all the world? Impossible. See what has happened for unite countries so different like Spain, Greece, Portugal, France and Germany in one single currency: the disaster.

So the lesson for the future is: don't unite different countries in one currency, in Argentina happened the same with their parity with US dollar... So I think we will have more currency pairs to trade them.

I think if that ever happened, not being able to trade forex would be the least of your/our problems. For instance, a complete breakdown in western capitalism/social structures/government infrastructure perhaps?

Sovereign currencies are a function of international business and trade, without which, we're f*@#.

(Although i am happy to be corrected by people with a much greater knowledge of economics than myself - which is pretty much everyone, including the cast of The Muppets).

Have a good weekend.

I think the problems with Euro highlighted the fact that it's very difficult to have a single currency for countries with completely different economies and different fiscal cultures. For example countries like Greece and Portugal cannot be successfully integrated with Germany and Netherlands.

So I think we are not going to see a single world currency for a long time. More likely than that would be break up of the Euro into national currencies. So that's even more opportunities for FX traders!

By the way, I was shocked that Estonia has been recommended for inclusion in the Eurozone from 2011! There are enough problems with southern Europe in the Eurozone, now they want additional problems with eastern Europe.

EUR to collapse,possible but did you all forgot $ ?
And don't worry we will always have something to trade,how else THEY could
empty our pockets so fast ?

Perhaps it's only a matter of time before one world currency happens,
i think that is what "they" are planing for.
However, the way we are going right now we may go back to sea shells, they are certainly worth more than some currencies....