Tianjin 2008 - Looking beyond the Almighty Dollar

http://www.weforum.org/newchampions 28.09.2008
Looking beyond the Almighty Dollar
Long before the most recent financial crisis in the US, the sustained depreciation of the dollar against major currencies was seen as likely to trigger a massive re-weighting of international assets and readjustment of trade flows.
On which currencies are businesses banking their future, particularly given the latest pressure on the dollar and risks of contagion beyond the US?
Sayanta Basu, Chief Executive Officer, Dubai Financial Group, United Arab Emirates
David D. Hale, Chairman, Hale Advisors, USA
Antony Leung, Senior Managing Director and Chairman of Greater China, Blackstone Group (HK), Hong Kong SAR
Oki Matsumoto, Founder and Chief Executive Officer, Monex Group, Japan
Zhu Min, Group Executive Vice-President, Bank of China, People's Republic of China
Moderated by
Michael J. Elliott, Editor, Time International, Time Magazine, USA

Category:

News & Politics

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• World
• Economic
• Forum
• Annual
• Meeting
• New
• Champions
• Tianjin
• China
• tianjin08
• Almighty
• Dollar
• Currency
• Sayanta
• Basu
• David
• Hale
• Antony
• Leung
• Oki
• Matsumoto
• Zhu
• Min
• Michael
• Elliott

[beancube2008]

Money transaction costs too much when it mingled with all this policy. How can technology deal with this problem? Is there any people understand real value of production and research and education of labour resources? Should we take care of that first for all countries to operate without the need of currency?

[beancube2008]

Just trash the IMF and let people have their way to get into the new economy network they prefer and more effective. The more big words the IMF make, the more people have by delaying their access. Those access are forming and extending by technology over the world, not from the money psychology of a legacy school of USA and of GBR.