Thread: Banks,Loans.

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  1. #1
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    Is it possible to create lets say in Latin America, a bank, like the IMF only it will not be loans, but investment but for the whole Latin America's usage?
    "The task devolving on Communists is to convince the backward elements, to work among them, and not to fence themselves off from them with artificial and childishly "Left" slogans." V.I. Lenin
  2. #2
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    Explain more please.
    It goes one for the student who refuses to submit and two for the teacher who is under-paid as shit, and three for the strikes who give young bloods life and four for the years you spent stifled inside.

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  3. #3
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    Originally posted by Organic Revolution@February 26, 2007 07:29 pm
    Explain more please.
    A Bank to deposit,withdraw. Where any nation can invest and withdraw to build up their economy.
    "The task devolving on Communists is to convince the backward elements, to work among them, and not to fence themselves off from them with artificial and childishly "Left" slogans." V.I. Lenin
  4. #4
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    Not yet, but they're planning one:

    “The perhaps most important agreement was the commitment to launch the Bank of the South within the next four months. Chavez explained that Latin American countries have plenty of financial resources for such a bank, which would provide a regional alternative to the IMF and the World Bank. Argentina and Brazil, for example, have over $150 billion in foreign currency reserves, a portion of which could be used for this bank, said Chavez.“

    From this article:
    http://www.venezuelanalysis.com/news.php?newsno=2225

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