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Caribbean-Latin America
Chavez's call
2008-10-03
Venezuelan President Hugo Chavez has called for changing the world's financial system. He said the current world financial crisis could be more serious than the one in 1929. The current system follows a development model "that is destroying the world not only physically but also morally." He said the crisis signals the end to a financial system featured with the lack of ethics and the existence of an unfair mechanism.
Posted by:Fred

#4  Are recessions bad? Perhaps in many ways. Perhaps they serve deflationary purposes, particularly in commodities. Is oil a commodity? Is Chavez interested in any of this? Perhaps.
Posted by: Don Vito Omeling5062   2008-10-03 21:45  

#3  Are recessions bad? Perhaps in many ways. Perhaps they serve deflationary purposes, particularly in commodities. Is oil a commodity? Is Chavez interested in any of this? Perhaps.
Posted by: Don Vito Omeling5062   2008-10-03 21:44  

#2  Lemmee translate this for you:

Chavez: Waaaaahhhh! I don't have enough moneeeeeee! You're meeeeeeeeeen! Gimmee gimmee gimmee!
Posted by: Barbara Skolaut   2008-10-03 15:50  

#1  He's the leader of the government in a country where the government makes seventy dollars from every barrel of oil it pumps, or at least should... and there's problems getting milk.
Posted by: Tranquil Mechanical Yeti   2008-10-03 15:33  

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