Venezuelan President Hugo Chavez-South America shall get ready to face capitalist economic crisis http://www.avn.info.ve/node/70146
Venezuelan President Hugo Chavez expressed last Friday night that South America shall continue getting ready to face the economic crisis headed by the North American capitalism.“The North American State is broken. It is not able to pay back that huge debt,” said President Chavez during a meeting with his Cabinet at the Miraflores Presidential Palace, in Caracas.From the Union of South American Nations (Unasur), the South American people are getting ready to counter the consequences of an economic crisis which
“makes the world tremble,” said Chavez and he added that most of the proposals raised to face it “have come from Miraflores.”“Banco del Sur, Reserves Fund, Development Fund, Gas pipeline of the South, Petrosur. It is the real unity. Only that will make true the South American independence and then the South American development,” Chavez said.