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We are witnessing the emergence of a South American superpower. There's barely any mention of it in the U.S. media of course, but the governments of several South American nations just recently formed the Bank of the South, a leftist-Socialist answer to the neo-colonialist IMF and World Bank, and are talking about creating a unified South American currency.
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Date: 2007-12-10 07:54 pm (UTC)Excellent. Between that, the SCO, and the EU, the US will (presumably) be forced to play nice in a multi-polar world rather than being the sole bully on the block that dictates all economic policy.
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Date: 2007-12-10 08:02 pm (UTC)no subject
Date: 2007-12-10 11:08 pm (UTC)more or less a mon-sequitor, but
Date: 2007-12-11 02:02 pm (UTC)Now to be somewhat on-topic, I'm curious what the situation is like in Argentina. I was there in January '03 after the peso had been significantly de-valued. Hmm; looks like the value of their currency hasn't changed significantly since then relative to the dollar, but I gather their economy has recovered. People were saying that a lot of tourists were coming when I was there because everything was so cheap for foreigners, while tourists usually didn't come before because it was expensive.
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Date: 2007-12-11 04:42 pm (UTC)no subject
Date: 2007-12-15 04:45 am (UTC)Makes a lot of sense.