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View Full Version : Ecuador May Be Forced to Scrap Dollar After Defaulting on Debt - Bloomberg



NewsWhore
12-17-2008, 01:30 AM
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Ecuador May Be Forced to Scrap Dollar After Defaulting on Debt (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaP460_vNCd3w%26refer%3Dlatin_america&cid=0&ei=qJxIScL7I43I9AS99ZG7DQ&usg=AFQjCNEkaiDj8zji3CDNmK_9wgJRX7QHuw)
Bloomberg - 53 minutes ago
He predicts Correa will reinstitute a local currency within one to two years. “If you can’t grow credit, you can’t grow your economy,” Bernal said. ...


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