Community | October 08, 2008 | 1 comment

Brazil, Argentina abandon US dollar

source: http://www.planetnetopia.com/forum/posts/id_303/title_brazil-argentina-abandon-us-dollar/

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WalKnDude
No matter how much evil is in this world, the good will overcome.

Brazil and Argentina have launched a new payment system in their bilateral trade, doing away with the US dollar as a medium of exchange.
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1 comment // Brazil, Argentina abandon US dollar

  • AveryMoore
    • 0
      AveryMoore  

    • That image is fast becoming what the greenback is worth offshore.

      If the middle east oil exporting countries decide one day that the dollar has tanked and they too refuse to recognize the dollar as worth anything we are in way over our heads.

      And if the Indians we deal with and the Chinese who own our economy want Euros - where will we turn to? At one time we used cigarettes for currency.

      You know things are bad when tiny Iceland can only get money from a solvent Russia!

      Now what?

      Any guesses?

    • 3 years ago
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