US currency crisis heads for collapse Bancor global currency normalcy bias

[url=http://pro.stansberryresearch.com/1011PSIENDVD/PPSIN211/]US currency collapse[/url]
This video by an US investment house gives a clear explanation of the world’s current trading currency the US$ and the currency collapse that is already starting to have big effects in the US. The US$ devalued 12% from June 12 2010 to June 12 2011 and is continuing down.

We need to be aware that a global currency the Bancor is proposed.

The A$ is always denominated in US$ exchange rate but what is it doing compared to the Euro the yen the renminbi?

The effects of a currency collapse in the US would be different there from here. How?

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