Quico says: In a feat of unparalleled economic mastery yesterday, Hugo Chávez proposed a new international currency to be backed by underground oil reserves: the Petro. Canadian Prime Minister Stephen Harper immediately countered with his own proposal - the Glacio - while Algeria, Mauritania, Burkina Faso, Lybia and Egypt joined forces to promote their preferred alternative: the Sandio. Reports suggest that, at this week's G20 meeting in London, Cristina Fernández de Kirchner, too, will propose a currency: the Ego.
March 31, 2009
Dear Nobel Prize for Economics Selection Committee: Your Search Ends Here
Quico says: In a feat of unparalleled economic mastery yesterday, Hugo Chávez proposed a new international currency to be backed by underground oil reserves: the Petro. Canadian Prime Minister Stephen Harper immediately countered with his own proposal - the Glacio - while Algeria, Mauritania, Burkina Faso, Lybia and Egypt joined forces to promote their preferred alternative: the Sandio. Reports suggest that, at this week's G20 meeting in London, Cristina Fernández de Kirchner, too, will propose a currency: the Ego.
