Employment of paper money dates back to the times of the Chinese in 800 AD. Several events happened along the way, where the paper money was used and abandoned and used again. The use of paper money to fund the soldiers became paramount during the Civil War. These days, money is the way things happen in the modern world. No business would exist; without business, no money revolves without it. In other words, the world would have not been what it seems today.

There are quiet a number of good and bad things when money is the problem. For instance, what if a country loses its currency and suffers from a greatly devalued currency. Although it is highly for a countrys currency to turn zero and worthless, there can be catastrophic consequences that the government and the people will face.

First, the demand for imports would drop to almost zero due to very prices that can no longer be afforded by that countrys currency. Also prices for almost everything will skyrocket. This is termed hyperinflation. Second, export demand would hit the ceiling. Today, more countries would buy due to almost ground level prices of export goods. Thirdly, most foreign countries then would look at that country as economically and politically unstable, thus their unwillingness to invest.

The upside potential is that the government may have a chance to consider starting again ,if there is ever such a thing for countries, but, it seems to be like that for a country that has a way too devalued currency. Much like the computers reset when it gets stuck somewhere. But the trail still ends up with one domino collapsing one after another.

There are many factors why this event might be feasible. However, the fear of most is when too much politics gets into the arena that instead of the issues at hand are being addressed, most of the energy of policymakers and lawmakers are being diverted into something else. Though rarely does this concept happen, but like I said, it is possible.

In 2008, at the aftermath of the global financial crisis due to the enormous housing bubble rupture in the United States, the domino reached to as far as Iceland. The country was in the brink of a nationwide bankruptcy. Prices of goods soared high and stock market prices plummeted.

While its true that the world is being fueled by economies from the different regions through the different countries, governments and financial institutions, the worlds downfall can also be instigated by few of the worlds leaders and decision makers. So those that run governments and political machineries should be conscientious enough to put the interest of the majority above any personal intention and selfish gain.

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