20110518 Follow Me 8

8，8
难度适中，不错，还是要提高下词汇。

1,1
刚关注，支持。

8,8
U.S.doller has built a solitary dominance in global economy since a new monetary system -Bretton woods system-came after the Great depression.Although in face of increasing strain, the system collapsed in 1971 prompted by the American suspention of  convertibility from dollars to gold,there comes a new situation whereby  the U.S dollar became a "reserve currency" for most of western countries.
However, having been affected by the big financial crisis ,the U.S dollar is loosing its solitary dominance in the near future ,according to a report  of World Bank.This report predicts a new monetary system will replace the status of U.S dollar in no more than two decades.In this new system , U.S dollar,the euro and renmibi would each acts a impertant role as  full-flege international currencies.

A new “multi-currency” monetary system will be established sooner or later.
Today's article is a bit of easy. I will keep reading "Follow me" every day.  Come on!

7&7,Although the US dollar's position in global monetary system have declined evidently in the last financial crisis.But the renminbi plays an important role is still need a long time.

今天看到来了。也不知顶了几贴了。美贴必看

7,5

I am glad to see it happen, but it is surely a long and hard way to go. US will not let the other currencies affect its dollar's status, and will do much to prevent this from happening. I love euro, but it encouters much trouble at the moment. China should build more multi-lateral relationships with countries and groups all over the world, but it needs continuity, time and efforts.

8,8

EAGLEs(Emerging and Growth-leading Economies) was raised by BBVA in 2010. And this is the most populate term after BRICS and Next 11.

34# 桉树熊
恩，一起坚持看下去~

1,1
A larger role for the renminbi would help resolve the disparity between China’s great economic strength on the global stage and its heavy reliance on foreign currencies