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Thread: Brazil and Argentina stop using the US Dollar

  1. #1

    Post Brazil and Argentina stop using the US Dollar

    Brazil and Argentina are ready to stop using U.S. dollars to trade goods between them.

    Brazil's president tells the Buenos Aires-based Clarin newspaper that exports and imports between the two nations will be bought and sold in local currency — reals and pesos.

    President Luiz Inacio Lula da Silva did not say when the measure would take effect.

    Silva says the move will boost bilateral trade, which reached $US17.6 billion so far this year through July.

    During that time, Brazil sold more to Argentina than it bought, building a US$3 billion trade surplus. Silva and Argentine President Cristina Fernandez plan to sign the deal in Brasilia on Monday. It was first proposed two years ago.
    http://macedoniaonline.eu/content/view/3335/52/



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  3. #2
    This should increase the value of the Real and the Peso.

  4. #3
    check over in the Liberty Forrect "Economic & Financial" news...

    there's ALOT of countries debasing the DOLLAR and it has been going on for the past 2 years!

    this is part of the collapse... GOVERNMENT and BANKING UpSide Down Pyramid Scheme! No body want worhtless conferate money... only the PM coins~!

    The world is realizing and now the US government is realizing... the CHARADE is UP!

    We have to BAIL the TYRANTS out! IMAGINE THAT!
    The American Dream, Wake Up People, This is our country! <===click

    "All eyes are opened, or opening to the rights of man, let the annual return of this day(July 4th), forever refresh our recollections of these rights, and an undiminished devotion to them."
    Thomas Jefferson
    June 1826



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