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View Full Version : Ecuador May Be Forced to Scrap Dollar After Default - Bloomberg



NewsWhore
12-17-2008, 07:00 PM
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Ecuador May Be Forced to Scrap Dollar After Default (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DaVwE0KXFzY3A%26refer%3Dlatin_america&cid=0&ei=n4RJSYnbCZXM8ASe7K2QCA&usg=AFQjCNESK1RKBl0E0UHy3W4webLV_PsTsA)
Bloomberg - 34 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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