(Nobodies gonna cry for you) Argentina

Discussion in 'Economics' started by Alsacien, Apr 1, 2013.

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  1. Alsacien

    Alsacien LE Moderator


    In a statement guaranteed to win friends and influence in the US:
    "Argentina’s top leaders have vowed never to pay the hedge funds, which it calls “vulture” investors, that hold the debt."

    More here:
    Argentina One-Sixth Bond Offer Seen as

    This could get interesting (unless you are an Argentinian), as the wriggle options finally run out.
  2. Maybe the US will go after Sean Penn as a corroborator and guilty by assosciation, seize his assets.

    If only.
  3. And we thought we were in trouble!
  4. seaweed

    seaweed LE Book Reviewer

    Evita is chatting up Chavez for a loan even as I write.
  5. Argentina seems to be doing everything in its powers to become a financial pariah.
  6. Lets hope it self destructs.
    • Like Like x 1
  7. Alsacien

    Alsacien LE Moderator

    I must admit to some perverse pleasure at the thought of the two Christine's going head to head, my money is on Lagarde.....

    index.jpg vs index1.jpg
  8. Hardly a fair contest, but how to react to IMF interest? Claiming lack of impartiality is probably about the only option.
  9. Argentina has been here before. Sovereign default is a national pastime for them.....
  10. I doubt if she cares really...her own vast personal wealth, embezzled from Santa Cruz Province by her late, light-fingered husband, will insulate her nicely I should have thought.