Jacob Steelman
Articles by this Author
A New World Financial Order
- By Jacob Steelman
- Published 11/13/2008
- ECONOMY , New World Order
- Unrated
In
the midst of the imploding US and European financial systems and
the resultant bankruptcies, nationalizations and bailouts the People’s
Daily, China’s official newspaper, called for a new global currency
to replace the US dollar. Writing in the People’s Daily edition
of 17 September 2008 Professor Shi Jianxun of Shanghai’s Tongji
University said that "[t]he world urgently needs to create
a diversified currency and financial system and fair and just financial
order that is not dependent on the United States."
