Why is the Haitian dollar excessively devaluated?

< Previous | Home | Next >

Why is there an excessive devaluation of the Haitian money?

giving foreign companies "un pied" in Haiti thus paying Haitians citizens an equivalent of 37$ US dollars per month which is about 200$ Haitian dollars.

Why can't Haiti demand that their workers are paid 200$ US dollars per month in American money or its equivalent in Haitian dollars?

Perhaps the president should read "Confessions of an economic hit man"by John Perkins, He was a professional who helped the U.S. cheat poor countries around the globe.

www.democracynow.org/article.

Perhaps the president will avoid the pitfalls of the IMF and world bank (instruments of the US government) Designed to keep other countries poor, while raping their natural resources and devaluating their money.

(specially Lating America).

I also recommend "Nemesis" by Chalmers Johnson.

The book explained what the American Empire have been up to. The US $ is no longer backed by gold but "oil sovereignty" If they go bankrupt Haiti will loose a lot of financial aid. We need to have a market and trade with other countries specifically Canada.

Flo, September 25 2007, 2:04 PM

Start a NEW topic or,
Jump to previous | Next Topic >

< Previous | Home | Next >

Messages in this topic

< Previous | Home | Next >