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To: Kaiser8408a

Headline: Brazil and Argentina will soon announce preparations to create a common currency

“The initial intention is that this new currency — whose name, Brazil proposes, will be “the South” — will boost regional trade and reduce the impact of the dollar.”

https://www.msn.com/en-us/news/world/brazil-and-argentina-will-soon-announce-preparations-to-create-a-common-currency/ar-AA16CtWg


7 posted on 01/22/2023 7:20:46 AM PST by citizen (Our Constitution was made only for a moral and religious people - John Adams 1798)
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To: citizen
Headline: Brazil and Argentina will soon announce preparations to create a common currency

No incentive for Brazil to do this. It will just water down their currency.

Right now $1 = about 5.20 BRL (Brazilian Real) and about 183 ARS (Argentine Peso)

In US Dollar terms, the Brazilian Real is about 90 times stronger than the Argentine Peso.

8 posted on 01/22/2023 8:07:43 AM PST by American Infidel (Instead of vilifying success, try to emulate it)
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To: citizen

So Saddam said he would only take pay for oil in euros.
Iraq bombed to smithereens.

Khaddafi proposes a currency for the entire continent of Africa. Bam. Libya destroyed.

Watch the news for a need for our military intervention in one of these two countries.


16 posted on 01/22/2023 11:27:20 AM PST by MarMema (Biden = Americans Last)
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