As the G-7 leaders meet the future of the dollar was of prime concern. If there’s been any issue that’s been topmost on the minds of the political leaders and the financially savvy in the present times, it’s been the value of the dollar which does not seem good owing to the bad economic conditions. With the world seeing a shift in the focus of world economy from America and the European countries to Asia, particularly China and India, the question becomes all the more pertinent. There is an indication that economic power is shifting from the West to the Asian countries. Some economists predict that there might not be an actual shift of economic power, though it might temporarily appear to be so owing to the current recession which has been the worst since the last world war.
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