Currently, the top players possibly to be considered could be the United States, England, Russia, China and India. Then again, the next layer of players that might have some limited participation might be Japan, Germany, and France whose veto could balance out the playing field.

In essence, the first five nations mentioned would share in the issuance of this new currency, which is separate from the Euro or the US dollar. Basically it would be the uniformed currency that all countries would peg their currency to, in terms of valuation.

Gone would be the US Dollar’s position as the main currency which all world markets look to, instead, it would be replaced by this new and uniform currency shared equally by these five nations, thereby, giving it a better balance in times of instabilities of sorts in the world’s economies.

With this change there might be some possible pros and cons:

1. The world economies can have a better balance in terms of equitable world trading. In essence, this could possibly afford a fairer playing field and minimize the dissensions that currently exist amongst these nations, and their corresponding partners.

2.The instabilities in the global economies that might and do crop up could be minimized jointly, when such a currency is equally supported and shared by these nations for the benefit of the all countries, that are part of our planet earth.

3. Accountability for any distortions in the world economies could be streamlined, so that the central bank and the treasury in each of these countries can work in unison, thereby making the new currency a much more effective system than the current one in existence.

4. Obviously, there are areas to fix and adjust in order to perfect this new system, as these individual countries have their different regulations and protocol, but it is doable, and the long term changes will pave the way for a much more structured, and balance world of economic responsibilities, and wealth apportionment.

I have just named a few possibilities which do not encompass the whole list, but studied carefully, and discussed in detail amongst the nations and their counterparts, could make this new currency structure a reality and perhaps a much more stable substitute, and one that is here to stay as our world evolves.

Timeline Projection:

Six to twelve years from now, if the current fix of the global economies cannot sustain itself, and ward off another global recession of the current magnitude that we have witnessed, and are still dealing with.

Their party members have nothing better to do but beat down our President Obama by spreading further DoomsDay News about the economic climate, and how some and maybe all of the current administration’s plans and agendas to rebuild our beaten down economy will fail.

Look who is negative now – if they could fix the problems created while they were in power before the recent election, they would have done so, but they didn’t. Instead they handed our President Obama a large burden to carry upon coming into office. He is not the fall guy and will never be so.

“So wake up, all you Republicans – he is our rational and reasonable leader for the next four years and perhaps longer. He is not God, so ease up on him and be sensible.”

Now after losing the elections – they gather their guns to shoot down every planned agenda by our new administration. This definitely looks like the spoiled child who did not get to eat enough with his fair share of the big pie, but instead, wants more than his share!

They will soon discover that all their destructive and negative mindsets and obstructive ways will only be to their eventual detriment.

Okay, now for the meat of the matter: Look at reasons and perhaps logic-

1.    Firstly, as a power nation – we will not fail, though it might take us a while to patch the holes when a bad storm has hit us, as we are all collectively to blame in every financial sector for avoiding the signs that were clearly there pointing to a massive downfall.

Why?

You all seem to forget that America is not an island, but instead, we are very much intertwined with the power nations around the world. They depend on seeing us pull ourselves out of the hole and not allow that hole to get bigger because that too affects them on many levels. America’s total collapse would be a domino and ripple effect that would stretch around the globe and devastate the global economy like never ever experienced before!

2.    Secondly, the smartest of economists definitely cannot guarantee you all that every of Obama’s agendas will be a total success or that success will be achieved within the projected time frame.

Why?

Because there are so many unforeseen intermittent factors that could come into play besides other interrupting forces that might play into the various agendas, either by the forces of nature, or man-driven or otherwise. So it is only fair to assume a success percentage of a certain figure allowing for a percentage of offset.

3.    Thirdly, it is of reason and logic for the Obama Administration to take the pro-active steps and the required bold moves to stop the damage from further eroding our American financial foundation and its people’s survival, even though the stakes seem pretty high at this time.

Why?

Look at it as the lifeline needed to balance the sinking ship. We know the hole in the ship is only getting bigger so it might be wise to fix it now, before it totally cannot be fixed! Here again, like every gamble – there is a margin of error and percentage of success.

So if all our fellow citizens can stop griping and just do their part to help fix the hole, regardless who created that hole – we will come out ahead of the game and be able to smell the roses again.

To cap off – my message to the GOP party:

 “Relax, and stop beating down our President Obama and his administration BUT instead act like grownups and do your due diligence to help with fixing that hole instead of complaining – the party is over – the hard work begins – so either go to work or stop the griping like the losers that you all are!”

“Lastly, be a help to our nation’s well-being and not an obstacle – there is no place nor time for the bickering – unite with the democrats and work to repair our fallen America.”

With the current state of the American economy, it is in the interest of our nation that our new President Elect, Barack Obama, place on his first year priority lists, the rebuilding of the global relationships which are critical for the restructuring of our American image if we are to regain the confidence of the peoples of all foreign nations that do play a critical role in our fractured economy in more ways than we have fully perceived, as we have in theirs.

In doing so, one of the most critical areas is for the central banks, financial entities, and world banks of all prevailing countries to come forth and work an effective, corresponding, and uniformed solid ground structure and enduring foundation that is unified where permissible and applicable, in order to effect the long term changes very much needed for all the nations so that such a regression in the world economies does not reoccur again.

As I see it, our world henceforth, shall move forward under the sensible, moderate and effective handling of such a matter by our President Elect, Barack Obama and his skilled advisors, and thereby once the corner stones of such economic and financial changes are instilled, it shall be, and can be the permanent columns needed and necessary for all nations to work within and to do so jointly, so that we have a unified world nation of bearers that shall make the global financial foundation a strong hold for all nations to flourish in, never having to ever bear witness again to such a crisis as we face today.

With the current advancement of information and technology that has graced the world and the various nations, this seemingly impossible chore and agenda might appear to be insurmountable but if studied carefully, it can be harnessed and resolved, within twelve to twenty four months to a manageable level that will curb further shattering of the global economies but in doing so, all the nations must work together diligently, and look at every avenue feasible, to rebuild the corner stones of such a fragmented global financial infrastructure.

So if the prevailing nations band together now, and lose no time to look at every channel with the global partnership as the main stay- we all can prevail and turn this destruction and collapse into a new rising and strengthened financial health of all nations and for all nations as we are all so inter-dependent of each other, no matter the color, race, culture, and in every conceivable sector of industry in the global marketplace.

Final word – act we must- now it has to be – as Obama saying goes –‘YES WE CAN” and I will add to that – “Yesterday is not too soon but tomorrow might be too late”. The big questions to be applied to Obama-Nomics –HOW, WHERE, WHEN AND WHAT!

Hopefully, this article of projection can help you decide which way to go about your current, and or future personal investments decisions.

So to begin, I shall lay out the timeline in a simple flow, which covers from November 2008 till June/July of 2010. The projection is based on our American stock market but as we all are aware, such movements in the American market can definitely affect the global marketplace as well.

Flowchart:

1. Frenzied chaotic rise and drop in trading will level out by the end of November 2008.

2. In December 2008 – Flatline activity to minimal activity in trading worldwide.

3. Mid- January to February 2009 – The American stock market remains shaky and will maintain a slow climb to rebuild.

4. March 2009 till June/July 2009 – There will be a gentle emerging curve of activity whereby more funds will be going into propping up multi-global industries. The areas in question will involve blue chip stocks while others are ignored or less focused on.

5. August 2009 till September/ November 2009 – The stock market starts to maintain an upclimb, to rebound more and strengthen. There is a 50-75% rebound and confidence returns worldwide.

6. December 2009 – The pace remains steady into the new year.

7. January 2010 – The market remains on a quiet and steady pace.

8. February 2010 till April 2010 – The market in certain areas starts to make massive jumps and leaps around early part of the month and lasts till the end of April where it levels off.

9. May 2010 thru June/July 2010 – The cycle remains active and leaps again in June/July.

Well I am sure this tid-bit of an eye opener could just be a handy guide for some of you folks out there who might be reeling in massive anxiety and confusion as to which way to go with your investments.

Since I am not a stock expert, I will not advise any of you on which stock would be a safe bet. I prefer to just share my views on my blog for you to read and perhaps then, you can figure out your own investment strategy utilizing my insights if you choose.

Thank you for visiting this month’s blog posting and do come again, as every month I will be writing a new article on some issue that might interest my readers. I assure you- the articles will always be different and on a wide variety of issues.