Comments by "Paul Aiello" (@paul1979uk2000) on "" video.

  1. If you're going to share a common currency, I feel there needs to be enough political and economic integration, like we see in the EU with the Euro for it to work. It's also something that shouldn't be rushed and if it does happen, it will cross over many elections in both countries. I'm not saying it can't happen but I feel the foundations are not in place in Latin America and it reminds me of the African Union which wants their own currency but again, the foundations are not in place to make it happen effectively. We should remember that the idea behind the EU is not new, much of it came about after the ashes of the second world war with the Coal and Steel Community, which led to the EEC and the EU we have today and we should remember that the Euro was in the works, decades before it got to market and to some degree, it's still a work in progress as more integration is needed for it to be more effective. If Latin America and Africa really want to emulate what the Europeans have achieved, it's best to look at where they've got it right, where they've got it wrong and learn from that, also because of how big of a change it is, it's best to take your time and get it right and it probably helps to start with fewer countries so you can get the ball rolling as others will want to follow once they see it works. On that note, I'm not sure Argentina would be a good fit for this union, with how wild it's economy has been over the last few decades, but on the other hand, with enough integration, it could create stability, but personally, I think there are other countries in the region that would be a better choice as economically, Argentina doesn't seem that stable but with enough integration into a central union, that could make a big difference., but personally, I think Brazil would be better off looking at other countries in the region to start this out whiles they could help to stabilize Argentina longer term.
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