I just read a post "http://www.telesurtv.net/english/news/Dump-the-Dollar-Says-Ecuadorean-President-20141217-0058.html" dated Dec 17th stating that Correa is in favor of a currency change in Ecuador.
I am curious to hear what impact this might have on, particularly, US expats. Is there a potential for some to go back to the US?
What currency do you think Ecuador would adopt? The article seems to indicate that Correa is in favor of Ecuador's own currency. What might that be?
There might be a significant advantage to Canadians. Currently, we are at a significant disadvantage due to the conversion to US funds.
And then there is the concern for stability of a new currency on the world market.