The system is bankrupt and needs an overhaul. The post-WWII era is over, the petrodollar has lost steam and the world - as in regimes and countries, not 'the pl

The system is bankrupt and needs an overhaul. The post-WWII era is over, the petrodollar has lost steam and the world - as in regimes and countries, not 'the planet' - is ready for a re-shuffle. I'd like 'The West' to remain one of the driving forces in whatever 'new world order' we'll end up with because we - my children, my wife, my family, myself - live there and I think 'The West' has the potential to lead this 'new world order' to a direction preferable over some of the competing alternatives [1]. For that to happen 'The West' needs to get its bookkeeping in order. The 'unique advantage' of having a world reserve currency which allows you to essentially tax the world by artificially devaluing that currency in order to finance your national debt is not sustainable. If you don't agree with this I'd like to hear your reasoning on how the system is sustainable. [1] ...and I am not going to apologise for whatever warts that 'Western culture' has since all cultures have them.