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In reply to the discussion: Argentina fears new crisis as vultures circle after US supreme court ruling [View all]Nye Bevan
(25,406 posts)27. Lots and lots of huffing and puffing from Argentina,
but the most likely outcome is that a mutually beneficial settlement will be negotiated. Either that, or they will try to distract people's attention by invading the Falkland Islands again.
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Argentina fears new crisis as vultures circle after US supreme court ruling [View all]
dipsydoodle
Jun 2014
OP
Shock Doctrine. If you have not read Noami Klein's book you should. Then you will understand what
sabrina 1
Jun 2014
#25
Argentina sold bonds by choice to cover debts incurred by its own policies.
Nuclear Unicorn
Jun 2014
#30
The bonds were bought for a song, and thus carried very high interest return. The risk for this
Fred Sanders
Jun 2014
#2
They are owed nothing, except maybe a thorough investigation and some long overdue prosecutions
sabrina 1
Jun 2014
#19
Their choice is to repay the bonds or lose the ability to run deficits.
Nuclear Unicorn
Jun 2014
#11
Well, that is your choice. Many choose to buy the bonds because of the higher interest rate.
Fred Sanders
Jun 2014
#16
People on DU defending the vulture capitalists and want them kept fed and fat, over the millions
Fred Sanders
Jun 2014
#6
I presume there is some form of security kept here that the Argentinian government wants back?
Nuclear Unicorn
Jun 2014
#12
Know anything about why Argentina was so unstable? I hope the vultures get nothing, maybe that will
sabrina 1
Jun 2014
#22
Maybe the Global Markets have become so corrupt it's better for nations who were
sabrina 1
Jun 2014
#34