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Venezuela has recently tied their currency to a crypto currency based on oil.

Turkey has expressed interest in doing the same thing.

Both nations are now dictatorships. Venezuela is a Marxist Dictatorship and Turkey is a Islamist Fascist Dictatorship.

Birds of a Feather?

Totalitarianism in all forms is EVIL! May God help the citizens of both nations.

1 posted on 08/31/2018 5:37:21 AM PDT by Texas Fossil
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To: Texas Fossil

The article is about Argentina.....


2 posted on 08/31/2018 5:42:11 AM PDT by bert ((K.E. N.P. N.C. +12) Muller..... conspiracy to over throw the government)
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To: Texas Fossil

The drop came even after the International Monetary Fund’s agreed to consider Argentina’s request to speed up payments under its $50 billion loan.

The peso fell 13 percent against the US dollar, taking its losses to 20 percent for the week, and about 45 percent since the beginning of the year.

...

This is being triggered by the Federal Reserve manipulating the interest rate market.


3 posted on 08/31/2018 5:42:52 AM PDT by Moonman62 (Give a man a fish and he'll be a Democrat. Teach a man to fish and he'll be a responsible citizen.)
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To: Texas Fossil

Is Trump responsible for the strong dollar? would it hurt these “economic analysts” to ever just once give him credit?


6 posted on 08/31/2018 5:54:29 AM PDT by I want the USA back (Cynicism is the only refuge in a world that is determined to eliminate itself.)
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To: Texas Fossil

proudly not reading articles since 1993.


7 posted on 08/31/2018 5:58:27 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world.)
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