Venezuela drops US dollar will use euro for international transactions

Discussion in 'Latin America' started by MindWars, Oct 16, 2018.

  1. Picaro
    Offline

    Picaro Gold Member

    Joined:
    Oct 31, 2010
    Messages:
    12,084
    Thanks Received:
    1,587
    Trophy Points:
    290
    Location:
    Texas
    Ratings:
    +8,025
    Will you take Venezuelan dollars for your pay? Of course not, which is why Venezuela and these other failed states 'drop the dollar'; their own currencies are worthless, like Confederate money and wooden nickels.
     
  2. Toddsterpatriot
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    43,611
    Thanks Received:
    5,563
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +22,720
    Every international transaction bounces off a satellite.

    How did they clear before satellites?
     
    • Funny Funny x 1
  3. Natural Citizen
    Offline

    Natural Citizen Gold Member

    Joined:
    Aug 8, 2016
    Messages:
    4,695
    Thanks Received:
    962
    Trophy Points:
    345
    Ratings:
    +3,923
    Toddster, I'm not talking about index futures here. The clearing house becomes irrelevant here.
     
    • Winner Winner x 1
  4. Toddsterpatriot
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    43,611
    Thanks Received:
    5,563
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +22,720
    I'm not talking about index futures either.

    They can clear things just fine without a satellite.
     
    • Funny Funny x 1
  5. Natural Citizen
    Offline

    Natural Citizen Gold Member

    Joined:
    Aug 8, 2016
    Messages:
    4,695
    Thanks Received:
    962
    Trophy Points:
    345
    Ratings:
    +3,923
    Yeah, but if we're really paying attention, we're seeing a move toward different international financial clearing infrastructure by those nations. This has been happening ever since that NSA fiasco when other nations found out they were being spyed on. They've done a lot in a relatively short period of time infrastructurally. It's a pretty big deal.

    It's clearly why we're seeing this so called space force being popularized. No doubt about it. Western media is useless and pretty much just a shallow propaganda wing of the defence agencies and the Fed, so best to just pay attention to what other nations are doing and piece it all together. As I said, it's been ongoing.
     
    • Winner Winner x 1
    Last edited: Nov 8, 2018
  6. Toddsterpatriot
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    43,611
    Thanks Received:
    5,563
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +22,720
    Yeah, but if we're really paying attention, we're seeing a move toward different international financial clearing infrastructure by those nations.

    They can try, but no one really wants to trade in those crappy currencies.
     
    • Funny Funny x 1
  7. Vikrant
    Offline

    Vikrant Gold Member

    Joined:
    Apr 20, 2013
    Messages:
    8,114
    Thanks Received:
    1,019
    Trophy Points:
    245
    Location:
    The U.S.
    Ratings:
    +2,170
    I am glad to hear that dollar will not collapse. Hopefully, this will put you at an ease :)
     
  8. Toddsterpatriot
    Offline

    Toddsterpatriot Diamond Member

    Joined:
    May 3, 2011
    Messages:
    43,611
    Thanks Received:
    5,563
    Trophy Points:
    1,830
    Location:
    Chicago
    Ratings:
    +22,720
    Maybe Russia, India and Iran should trade with Venezuelan Bolivars?
     
    • Funny Funny x 1
  9. Vikrant
    Offline

    Vikrant Gold Member

    Joined:
    Apr 20, 2013
    Messages:
    8,114
    Thanks Received:
    1,019
    Trophy Points:
    245
    Location:
    The U.S.
    Ratings:
    +2,170
    US is trading with Pakistan -- the largest terror sponsor in the world. Iran is far better a nation than Pakistan. It was Pakistan behind 911 not Iran. It is Pakistan sponsored terrorists not Iran who are killing American military personnel in Afghanistan. You are not on US side, my friend. Don't pretend otherwise.
     
  10. Vikrant
    Offline

    Vikrant Gold Member

    Joined:
    Apr 20, 2013
    Messages:
    8,114
    Thanks Received:
    1,019
    Trophy Points:
    245
    Location:
    The U.S.
    Ratings:
    +2,170
    When countries trade with each other, they are interested in each other's goods and services not currency. You fail to understand this simple fact.
     

Share This Page