Brazil and Argentina stop using the US Dollar

[pmbug]

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/

 

[danberkeley]

http://macedoniaonline.eu/content/view/3335/52/

This should increase the value of the Real and the Peso.

 

[HOLLYWOOD]

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!