is there anyone who thinks this will end well?

I think it will end well. Now, is there any reason for this to end wrong?

My question is what is it going to be like?

How worth our peso will be in mexico for example?

Dominicanaso;

Read the article!
They're talking about a SINGLE CURRENCT for all the participating countries. Just like Europe. If they have that, you won't have a Dominican peso to worry about. It'll be the NEW Currency.
Some people------

TexasBill

Like everything else, the devil is in the details... Will there be a targets for public & international debt, inflation targets, and so on.

I think there's promise that something like this may spur regional integration, which we so direly need.

I don't see why not... Central america has left behind the legacy of dictatorship and democracy is finding its away in the region...

This isn't europe. You aren't joining forces with the economy fo France and Germany.

You are joing forces with economic retards like Honduras, Guatemala and Nicaragua.

You want Ortega to have a say in your economy?

Are Panama and El Salvador abandoning their dollar base economies for this common currency initiative?

This is going nowhere, doesn't make sense except for some bureaucrats to make some free trips abroad and spend some money in the budget for "studies" that get no where and are later shelved.
Let's just have the US dollar circulating and be done with it instead of pussy footing around.
Interest rates will drop substantially so will insurance rates. DR will be a LOT more attractive to foreign investors that don't trust funny currencies.
Talking about needed urgent measures. Let's shelf the peso it's about time, we are an international country, attracting international investors and residents. We need and international currency circulating.
What? You don't like the dollar? OK let's convert into Euros then.
But Central American currency....it will never happen. You are wasting good useful print space proposing such weird ideas.

Will I be able to buy a METRO card with the new currency, is all that I am concerned about!

josean
There you go again with the GD metro, shouldn't have reminded you, you are like an old scratched
record that always plays the same tunes...metro....metro...metro....metro....metro....
Look at this please:

http://www.lionel.com/products/findex.cfm

No! I will not be responsible for my actions!

josean
No I am not asking you to be responsible, just sit still and take your medicine....come on open your mouth and take this yellow pill with this wonderful sweet spoonful of cough syrup. Slowly......
Ok, good boy!

Now the bankers can steal from the whole Latin American Populace and not just the Dominican. Don't worry if you get caught LF will Pardon you

I'm not even going to use your name! You know who you are.....

Seriously! I hope this happens! Cause maybe then we will be able to afford better education, so people can spell words other than "Metro" And anything related to it. Gee! Get over it allready!!!

"Written by: josean, 12 Jan 2009 7:25 PM
No! I will not be responsible for my actions!"

Spoken like a true Liberal.

anthonyC
Hey this is a private conversation, get lost.

I rather share currency with Haiti then with Ortega.

HERE COMES THE POSITIVE GUY

- what a great idea, the central America union, just like the EU!! it wll make our economy stronger, and that new currency together with other countries also :)))

I bet you lower the toilet seat also!

There was article awhile back about dollarization. But this makes more sense to me.

Lets not compare to the Euro but something a little closer to home.

However the ECD Eastern Caribbean Dollar has not lost nor gained any value in the 15 years that I have been doing business. it has been 2.678 to 2,670.

I would put my money in EC before I would a dollar or a Euro or even British sterling.

If these English islands can pull it off then why can't the Spanish nations do the same?

Jamaica is out there with their currncy and it has devaluated over the years from 35 to as much as 75 to 1.

Trinidad has bucked the trend at around 6 to 1 with the TT dollar.
Trinidad was one of the few places were the value for local products was actually tied to there currency rather than just costing 6 times more.

This could work !

Newsflash
While everyone was being undermined with nonsense noose items such as the Q. Paulino, Subways, the Jesuits smuggling Hatians at the border, the infamous pardon of corporate crooks; They were secretly drawing up plans to Regionalize (consolidate) the DR with not only with Haiti (FYI), but also with the Central American countries. It's in the works....But, since the elected Land Owner decides everything for d Nation unchallenged. Who will object? Will people march and protest this merger?
Surprise, it's being planned as we speak Globally. There will be 10 regions when the powers that be are through. The Central American - Caribbean region is just the tip of the Glacier. You'll need to wake up and forget the bickering about unimportant picayune issues. A big pill is hard to swallow, so clear your throats...Here comes the real deal.....Wait, until you wake up and you want a gallon of gas and they tell you it's 500 Quetzales, or 700 Lempiras...... ah, no yo no se, no!

Central America and the DR will benefit from this...trust me. The U.S. dollar is not the dominant currency anymore and poorer countries of the Americas realize this. I mean aren't they planning to create the Amero in a few years for the US, Canada, and Mexico because the US knows this is the only way to compete with the EU? Let's face it....Unions is the way to go. Countries with strict immigration laws and borders will not survive in the 21st century!

Written by: Edward, 13 Jan 2009 1:30 AM
From: United States, Leominster, Massachusetts
Central America and the DR will benefit from this...trust me

Ed:
Apparently you have bought into this consolidation, interdepence for survival mentality.
I beg to differ with you, I think that this will complicate, rather than improve things.
Have you ever heard of reprensentative government?
How can a guy in Bolivia (per se) represent me if I live in Valverde, Mao?
This is insanity of the worst type (hype). A lie coated in honey.
Dominicans for a fact, have a hard time in imagining Hatians running our affairs; How would it be better if you had someone in Managua like Ortega calling the shots for the natives in DR?
Let's be sober minded? No need "to act locally and think globally". That's NWO propaganda.
Lo mio, es mio. Lo tuyo, tuyo, como dice el refran. Don't believe the new age hype!

To those who do not agree with Arsenio, above, I say this:
Think about the bureaucratic mess all Latin Countries are in with their tiered-government activities where the left hand knows not what he right hand does and vice-versa; where it takes "mordido" under the table for anything to get done; where there is minimum transparancy in government functions and activities.
When we really look at government run by liberal elements who have been entrenched for generations, andwho have been silently working toward a true oligarchy style government, we become apalled at the situation.
That's what exists today throughout North and South America.
So, in the long run, what do you prefer, to be let alone to pursue your own goals, or to give thatresponsibility over to a small group of people who think "they know best" for you and your posterity??
Centralized government is NOT good for any society. Look at how services are concentrated geographically here in the DR as an example.
TexasBill

My opinion here on this subjet is that the fact that central american countrys are fell estates just like DR
Does it's mean that. We are going to be the association of fallen estates of america like I red on the post le' not think localy let's think globaly let's search for the best. Not for the lessssss dr is a better economi than nicaragua, honduras, guatemala,salvador come on
People. We know better than that we are looking for the poorest countrys of the emisfere to joint correncies what is that where are we going. Eh pa' tra que vamo?

"Written by: Edward, 13 Jan 2009 1:30 AM
Central America and the DR will benefit from this...trust me. The U.S. dollar is not the dominant currency anymore and poorer countries of the Americas realize this."

Are you serious?
Really?
The US dollar isn't the dominant currency?

anthony Cuckoo, Has been eating this stuff for years, so why is this news all of the sudden?


http://www.mcclatchydc.com/251/story/59566.html

Raccoon is not bad. I prefer venison and squirrel.
You are talking to a devote conservationist. i hunt and fish.

"...Fool me once, Shame on me. Fool me twice....uhmm...you can't fool me again!..."
George W. Bush
--Outgoing U.S President--

DR is the biggest economy in Central America/Caribbean...why would we want to dilute the such hard fought economic progress...?

Are we going to have Duarte in one of them? That is a good initiative, Central America can set an example of integration and become a huge market for the new emerging economic. Of course, they are some disparities in some countries because Costa Rica and Panama are most stable than the rest of the players. The DR can become the most advanced country in Central America if the DR invest more in education. Education is the only scape to better life and higher purchasing power parity.

I'm sorry anthonyC but since when is the Dominican Republic considered to be the Switzerland of the western world for you to express yourself about these central american countries like that?
I travel on a regular basis to DR and no offense to Dominicans out there, it's a very beautiful country I love it down there but the DR is just as poor as anyone of these Central American countries. What? Just because 95% of the population is driving "jipetas" and there are a few torres you think it's a weathly country? For godsake a few months ago your government couldn't pay for the generators to provide electricity for your own people, that's why out of 24 hours in a day only 7 had electricity.
jacirez who told you that the DR has the biggest economy in Central America/Caribean? You mean even bigger than PR and a few banking islands? Bring your sources to the table.
I feel that a single currency would help everyone, the currency would be a stronger one, of course not a Euro.

TexasBill and you think that down in the DR there are no "mordidas" or bribes, pleaseeee. From the bagboy at the supermarket to the cop that's stopping me to check my documentos walk out with their hand out.
I'm sorry guys I'm just seeing a lot of "that doesn't happen in DR" or "We're not going to associate ourselves with these little, fallen states" mentality, huh? Are you serious? There IS poverty in DR, there is A LOT of corruption, wait let's not even touch the drug trafficking subject.

G5ive,

Puerto Rico GDP: $72.61 billion (2007)
Cuba GDP: $125.5 billion (2007 est.)
Jamaica GDP: US$11.3 billion (2004 est.)
I stand corrected....