Chavez-Led Bloc Adopts New Anti-US Currency »
Posted By newsguy2005 3 weeks, 3 days ago in News
A coalition of Latin American and Caribbean nations have agreed to adopt a new regional currency aimed at reducing the power of the US dollar.
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dunkirk3 weeks, 3 days ago
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gamahuche3 weeks, 3 days ago
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I just LOVE this spin!
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It would make the French surrealists smile with all their cheeks.
Like most of the rest of the world the S. Americans are decamping from the plunging $US as fast as they can.
With the US pawning itself to China as fast as it can the $ is heading into the realm of funny-money.
Its about half of what it was against the Czech crown a couple of years ago.
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Wolfie2007Comment removed: Spam
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fishifanb3 weeks, 3 days ago
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So they want to be more competitive?
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Shouldn't you "free trade" types applaud this kind of move?
Oh wait, trade is only "free" when the U.S. gets to run the show, right? And why is their offer of an "alternative" necessarily "ANTI American"?
What a bunch of bigoted hypocrites.-
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beavith13 weeks, 3 days ago
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there's nothing to applaud.
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they can set up any number of currencies, but if they don't have the faith and support of solvent gov'ts, the only ones they are kidding are themselves.
go to google and look up the first sucre.
see how that did.
how you can spin this move by Chavez and his socialist thuggee into your standard leftish antiamericanism is astounding. -
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truthiness3 weeks, 3 days ago
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now south america will have its own Euro. this is actually good. fewer, stronger currencies means a more stable world economy. stability on south america will be good for the growth of those economies which will be godd ofr everyone because it will open markets to the world.
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those of you wondering where the value behind this will come from remember that Venezuela is part of OPEC, Bolivia is a rich mining resource, and most of these other nations are rich in natural resources. the only reason they have been poor for so long s that all there value has been shipped out due to defacto colonialism by foriegn corporations, which is why Venezuela and Bolivia nationalized those corporate operations a few years ago.
this is not a joke. if they use the dollar as their reserve currency it will help us. if they use the euro, it will hurt us. -
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fishifanb3 weeks, 3 days ago
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A great deal of your money is spent there whether you like it or not.
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Try $750 Billion in tax dollars for Columbia alone mostly for their military.
Do you support ending this insanity?
http://www.ciponline.org/colombia/aidtable.htm -
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Tasine3 weeks, 2 days ago
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Whoa! Let's get this straight. I am not spending my money there. Congress stole my money from me, virtually at gun-point and CONGRESS, not the brightest of candles, is causing my money to be spent in all sorts of ways not to my liking. Congress is a far greater enemy of my freedom than is Venzuela or Chavez. If the rest of you saw this the same way, we'd have our country back from the Ladies and Lords of Congress.
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lloydm653 weeks, 2 days ago
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And then there's an upside,if Venezuela,and the other nut case countries are successful in this scheme it would by necessity relieve America of any obligations,if any,or all these nations were hit by a man made,or a natural disasters.We could set back,and count our U S dollars that they wouldn't want in their country,their citizens would have to make do.
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truthiness3 weeks, 2 days ago
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so, because their governments wont participate in our economics, we have the moral right to abandon them when a natural disaster hits. that is what you are saying? only people who contribute to your wealth are worthy of your charity? how very noble.
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