The strains on the International monetary system are increasing. This system was never sustainable. It replaced a system that had broken down. And that system had replaced another phony international monetary system. How this system collapses is indeterminate. It could be initiated a collapse of the dollar or it could be a collapse within a particular trading zone. Either outcome probably causes the entire international trade/monetary system to freeze.
Here is one of the ways this might start: Funds flee Greece as Germany warns of ‘fatal’ eurozone crisis
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