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Originally Posted by Vendot
This would be solved by one world bank and one world currency and one world government.
Anyway, how can they get rid of Dubai? Or bahamas? This is another sad move by struggling governments who want more tax revenue and recognise theyre losing it to countries which are more tax efficient and therefore charge less taxes.
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The whole world will never sign on for a global currency. There would always be countries not on board. They may try to replace the Dollar with an alternative global currency that is used for global trade in the same way petrodollars are used for oil trade in almost all oil markets.
As for offshore companies in the Caribbean I do not see these disappearing since the majority of the "rich elite" of the world use them as do a huge number of senators and congressmen as well as politicians around the world.