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

news360 via msn ^ | 1/22/23 | Story by Daniel Stewart

[RomanSoldier19]

[chopperk]

Thanks to Biden and Dems, the US Dollar is going by the wayside.

[butlerweave]

Brazilian real = 0.19 to us dollars and Argentine = 0.0055 peso to us dollars , someone will get screwed

[C210N]

This is interesting, given disparate news happenings:

BRICS+, which includes Brazil, Russia, India, China, South Africa (and others that have or want to join), for a non-petro-dollar currency leading to a precious-metals backed financial system.

The recent sElections,Lula and Bolsonaro.

[Vermont Lt]

There have been a lot of republicans helping ruin our country for the past 40 years. We need to recognize they are ALL part of the problem.

[j.havenfarm]

Argentina has a pretty grim economic record. Last year inflation was 94.8%. It’s not like tethering yourself to a corpse; more like tethering yourself to a zombie
https://www.bbc.com/news/business-64258488.amp

[SaveFerris]

[Brazil and Argentina will soon announce preparations to create a common currency]

"South Korea just standardized their currency with the Euro" - Left Behind (movie #1; paraphrased)

A One World Digital Currency - what could possibly go wrong in the future?





Hosted at: Global.UnitedNations - well, imagine that.

[Magnum44]

Yep, two monetarily unstable countries...what can go wrong?

[cgbg]

“Argentina has a pretty grim economic record.”

So true—I “real”ly thought this was the Babylon Bee.

This is like strapping yourself to a suicide bomber as they walk by....

[ArtDodger]

Wasn’t Muammar al-Qaddafi pushing hard for a separate currency for Libya and its neighbors, just before he was erased?

[dforest]

She came. she saw, he died.

[SeeSharp]

If either country has the ability to inflate at will then this will probably not work. Even with the discipline of Germany the Euro almost failed because countries like Greece couldn’t resist, and it may fail yet when some future misbehavior happens.

[canuck_conservative]

Yep, two monetarily unstable countries...what can go wrong?

but the BRICS fanboys want to go even further ... add in oppressive dictatorships that routinely lie and manipulate their economic stats, like China, Russia, North Korea, South Africa, Iran, Cuba ... and we're supposed to believe that's a winning financial combination!

like people are gonna trust that bunch'o'bozos!! LOL

[Georgia Girl 2]

Yes all this stuff is preparation for the QFS system.

[cgbg]

Yup—this is like two junkies forming a pact to share their drugs.

What could possibly go wrong?

[C210N]

Agreed, however how do you factor in the recent sElection for Lula?

[cgbg]

Unfortunately the West is not a whole lot better—the international financial system has always been like a Mob poker game—if you don’t who the mark is, it is you!

;-)

[cgbg]

Lula is a socialist—which means spending other people’s money is their mission in life.

[9YearLurker]

I imagine Bolsonaro would have been in the way of that.

[C210N]

sElection might make sense if it was to get millions of Brazilians off their duff’s, and clamor the military to do something from cities and military bases.

A model for the US to emulate.