MercoPress. South Atlantic News Agency
“Argentina has not learnt the 2001 lesson, nor have many investors the 2008 crisis”
“There is no evidence that Argentina has learnt the lesson from the 2001 crisis”, said Carmen Reinhart one of the most influential US economists and an expert in Latin America, who has worked for the IMF, in Wall Street and teaches at the University of Maryland. Read full article
Comments
Disclaimer & comment rulesCarmen & Vincent !!
Mar 10th, 2011 - 10:58 am - Link - Report abuse 0Argentina learned 2001 lesson but not understood...
Europe not understood 2008 lesson but not start to learn yet...
USA neither understood nor learned 2008 lesson ...
Japan learned lesson but not understood since 1991.....
Investors !?..these are not their problems becouse
they are all short--termists...
“The Globalizer Who Came In From the Cold
Mar 12th, 2011 - 06:27 am - Link - Report abuse 0Wednesday, October 10, 2001
JOE STIGLITZ: TODAY'S WINNER OF THE NOBEL PRIZE IN ECONOMICS
by Greg Palast
The World Bank's former Chief Economist's accusations are eye-popping - including how the IMF and US Treasury fixed the Russian elections
”It has condemned people to death,“ the former apparatchik told me. This was like a scene out of Le Carre. The brilliant old agent comes in from the cold, crosses to our side, and in hours of debriefing, empties his memory of horrors committed in the name of a political ideology he now realizes has gone rotten.”
http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/
The IMF... controlling all the media, it's just another tool of this:
Mar 12th, 2011 - 01:40 pm - Link - Report abuse 0http://www.youtube.com/watch?v=JXt1cayx0hs
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!