How long before we see a single Unasur currency...?

Before the end of 2012...
0
No votes
During the next 2-4 years...
1
25%
Maybe 5-8 years - by 2020...
0
No votes
Way, way down the road...
2
50%
Never
1
25%
 
Total votes : 4

Next Una-Sur... then...Una-Fiat???

Postby greg~judy » Fri Sep 10, 2010 10:21 am

As seen from the experiences of the European Union ...
Certain pros and cons will undoubtedly arise - for Chile and others.
g~j wonder about the single currency...
Which shall surely arise with Unasur - sooner or later...
Now THAT is going to be VERY interesting...
But where, pray tell, will the USD and the EURO be?
(and dare we say the AMERO)...
(or dare we say the ASEAN currency in the future pipes)...
Perhaps ALL languishing and/or (d)evolving in the same time-frame :?:

Stay tuned to the (future) whirld of regional unions and new/improved fiat currencies :roll:
And just remember... they're all made of paper... and we know what that's worth :lol:

Chilean Senate approves Unasur charter with two caveats

The Chilean Senate finally approved the Union of South American Nations, (Unasaur) creation charter thus ending the legislative chapter. The bill now goes to the Executive for its promulgation.

The initiative was originally presented in September 2008 by then President Michelle Bachelet, and approved by the Lower House in January 2009. But since then the bill was stalled in the Senate because of certain apprehensions from conservatives. Basically they are mistrustful of Venezuela’s president Hugo Chavez.

However to overcome mistrust, the Chilean Senate managed to incorporate an agreement for the government to include two additional protocols: one referred to the democratic clause (as with Mercosur) and a second which demands full commitment with human rights from member states.

The final vote was 25 ayes and one abstention.

Hernán Larrain president of the Senate Foreign Affairs committee said that the vote for the incorporation to Unasur of Chile confirms the “integration spirit that we Chileans as a country have and the need to act as a region in the world economic scenario”.

“The community of South American nations will boost development in Chile and we must also cooperate with the development of the remaining countries in the region”, added Larraín. “There are benefits in time, and they will be very significant since progress in Chile is not dissociated from what happens in the rest of Latin America”.

Unasur was born with the Declaration of Cuzco (Peru) in 2004 and currently has twelve member countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Peru, Paraguay, Surinam, Uruguay and Venezuela.

The Unasur creation charter has been ratified so far by the parliaments of Argentina, Bolivia, Ecuador, Guyana, Peru and Venezuela. For it to become effective a minimum of nine ratifications out of 12, are needed.
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Re: Next Una-Sur... then...Una-Fiat???

Postby GJJIM » Fri Sep 10, 2010 11:43 am

Does this mean that telephone answering machines must play messages in both Spanish and Portuguese? 8)
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Re: Next Una-Sur... then...Una-Fiat???

Postby admin » Fri Sep 10, 2010 2:50 pm

Not a chance in hell with the flaky political and economic policies of the neighborhood. On the otherhand, if the rest of them did it, it would turn Chile in to the South America Switzerland.

Argentina is imploding once again, while Brazil is on fire, and there is talk coming out of Venzuela of people disappearing via the government while Chavez tries to implement a Cuba style everything (Castro just said the Cuban economic modal was not working).

So, I sure as hell hope Chile never hitches the wagon to any of those basket cases.
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Re: Next Una-Sur... then...Una-Fiat???

Postby greg~judy » Fri Sep 10, 2010 3:01 pm

admin wrote:Not a chance in hell with the flaky political and economic policies of the neighborhood. On the otherhand, if the rest of them did it, it would turn Chile in to the South America Switzerland.

Argentina is imploding once again, while Brazil is on fire, and there is talk coming out of Venzuela of people disappearing via the government while Chavez tries to implement a Cuba style everything (Castro just said the Cuban economic modal was not working).

So, I sure as hell hope Chile never hitches the wagon to any of those basket cases.


Strong sentiments, of course... :)
But it seems the most important (Chilean) provisos to Unasur - thus-far identified are...

...the Chilean Senate managed to incorporate an agreement for the government to include two additional protocols: one referred to the democratic clause (as with Mercosur) and a second which demands full commitment with human rights from member states.


Seems no big stumbling blocks there...
Hence... not if, but when - for Unasur... is what some may read into this... 8)

But... BTW...
A Chilean "Switzerland" may not be such a bad thing - in the long run
Nuttin' wrong with dancin' to a different drummer.
The regional herd goes one way... the sovereign state, the other. :alien:

And BTW again...
How do ya think a country like Germany feels these daze... with an umbilical cord to Greece :lol:
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Re: Next Una-Sur... then...Una-Fiat???

Postby seawolf180 » Fri Sep 10, 2010 3:47 pm

g~j,
You're kidding right?
Tell me you're kidding.
You know they could never pull it off. Latin America is the most over politicized place... in the universe.
You could maybe see an ALBA currency. Which would be laughable; but Chavez might still be able to shove that one down their throats some day. Maybe their upcoming elections might turn that around.
Even the thought saddens me that the dollar has come to this. US leaders have just blown it so bad. Mice are fleeing the sinking ship, and their cheese is half molded. And soon they'll be taxing the mold too. Or just taking the cheese, and leaving the mold.
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Re: Next Una-Sur... then...Una-Fiat???

Postby greg~judy » Fri Sep 10, 2010 4:06 pm

seawolf180 wrote:g~j,
You're kidding right?
Tell me you're kidding.
You know they could never pull it off. Latin America is the most over politicized place... in the universe.
You could maybe see an ALBA currency. Which would be laughable; but Chavez might still be able to shove that one down their throats some day. Maybe their upcoming elections might turn that around.
Even the thought saddens me that the dollar has come to this. US leaders have just blown it so bad. Mice are fleeing the sinking ship, and their cheese is half molded. And soon they'll be taxing the mold too. Or just taking the cheese, and leaving the mold.


Ja, Ja, Ja... who are g~j to kid???
We can only read the eye of newt, blood of toad... those random cracks in the tortoise shells...
Future PolyTicks (= many blood-sucking insects) tends to be unforeseeable for mere peasants.
Forsooth, what augers well?
Put this in a temporal sense...
Look back just a generation or two...
Ask them URoPeons if they ever thought it would come to this (i.e. EU = WYSIWYG)
Truth (historically), my friend... tends to be WAY stranger than fiction.
BUT... g~j guess we'll just watch~wait... :alien:
And in the interim... at least in a shallow~personal sensibility...
We will CYA (cover our asses - financially)
For the WCS (worst case scenario) or BCS (best case scenario)?
“If we want everything to stay as it is,
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Re: Next Una-Sur... then...Una-Fiat???

Postby eeuunikkeiexpat » Fri Sep 10, 2010 4:23 pm

Hmmm, if it already has support in the Senate then Chile is again screwing itself. Selling all central bank gold reserves, keeping nearly all national overseas funds in USD, OECD membership and bowing down to their mandates and initiatives, tax information sharing agreement to rat on expat Chilean and US citizens.

What the hell is wrong? Think Different (oooops, doesn't happen as this is Chile)!! Independently become the first country in the 21st century to officially use a commodity and/or precious metal backed currency and indeed become the Switzerland of the southern hemisphere. Reject all international orgs and continue to do one-on-one deals with countries that truly benefit the populations of each country. Economic hitman reality though will insure that the above will never happen. :alien:
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Re: Next Una-Sur... then...Una-Fiat???

Postby greg~judy » Fri Sep 10, 2010 4:49 pm

Independently become the first country in the 21st century to officially use a commodity and/or precious metal backed currency and indeed become the Switzerland of the southern hemisphere. Reject all international orgs and continue to do one-on-one deals with countries that truly benefit the populations of each country. Economic hitman reality though will insure that the above will never happen.

Sounds good... a Chilean Silver Peso :D
About those "hitmen" -
We can only hope that Unasur countries are students of history...
They have witnessed the IMF's :evil: tricks over a few decades around the world...
One might reasonably hope that said countries recognize they need not repeat old mistakes :wink:
Last edited by greg~judy on Sun Sep 12, 2010 10:23 am, edited 1 time in total.
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Re: Next Una-Sur... then...Una-Fiat???

Postby greg~judy » Sun Sep 12, 2010 10:21 am

The lobbying continues... getting more prominent.
Things are evolving.
g~j are keeping a closer eye on the action.

Yer Brazilian fella Celso (below) scores a few points in Geneva...
And hey - if they envision getting Colombia onboard...
Couple of brownie points too, for Nestor, Lula & Maria.

Mercosur and Unasur “more effective” for South America than OAS

Mercosur and Unasur (Union of South American Nations) can be “more effective” than OAS (Organization of American States) in addressing issues of South American countries, said Brazilian Foreign Secretary Celso Amorim currently in Switzerland for a conference on international security.

“The OAS has its role because many of its countries are not Unasur or Mercosur members such as those from Central America, United States, Canada, Mexico and because it also has a more complete juridical organization, which in some cases can be necessary”, said Amorim who is participating in the security conference in Geneva organized by the London based International Institute for Strategic Studies, IISS.

“I believe that for the exercise of good offices among South American countries Unasur or Mercosur, depending on which case, can be more effective”, he added.

“Unasur and Mercosur and entirely complementary”, affirmed Amorim.

Speaking of Unasur, the union of the twelve South American countries, Amorim said “it has proved to be very efficient, discreetly sometimes, as with tensions between Colombia and Venezuela, in which the former Argentine president Nestor Kirchner played a role”.“Even the Colombian chancellor thanked President Lula da Silva and Unasur” for having helped solve the dispute said Amorim.

Colombian Foreign Affairs minister Maria Angela Holguín in an interview a month ago underlined the role undertaken by “the leaders from Brazil and Argentina in the process of normalization of relations between Bogotá and its neighbours”.

Holguin at the time said that the Unasur secretary general (Kirchner) played a significant “role” in the reestablishment of relations between Bogotá and Caracas, a matter which became “a regional issue”, she underlined.

The Colombian official also praised Brazilian president Lula da Silva who had a long conversation “with Chavez and Kirchner, the day before Colombian president Juan Manuel Santos took office last August 7, underlining the importance of re-establishing the relation between neighbours”.
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