The global recession of 2009/2010 saw the major global economic players (USA, China, and Europe) each choose the same international currency goals from the "impossible trinity". Meaning each felt an independent monetary policy was the most important goal followed by free movement of capital, and third, a policy of free floating currencies.

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During the global recession of 2009/2010, different major economies prioritized different aspects of the "impossible trinity" based on their economic conditions and policy goals. The "impossible trinity" refers to the idea that it is impossible to have all three of the following at the same time: a fixed foreign exchange rate, free capital movement, and an independent monetary policy. The USA, China, and Europe had varying approaches, with the USA focusing on independent monetary policy, China on exchange rate stability, and Europe on a mix of policies.

The Global Recession of 2009/2010 Saw the Major Global Economic