Washington's decision to vote against loans for Argentina from multilateral development banks “will not affect the country's funding for 2012”, an Argentine government source said on Wednesday. Read full article
Felloti puts a brave face on it.
2012/13 could be very, very bad.
With IADB linked to IMF saying No Money,
and the 'vultures' (bad word for those so kind to risk lending Argentina money) - those politely saying could we have back the money we lent you, now it is long past its due date.
Argentina may have to sell the country - just the agriculurally productive soya & beef areas - to China, etc, to pay back the money it owes and to borrow more to stop the country from sinking and drowning.
And please don't think the land-sale documents are 'just a piece of paper' - this is CHINA you are dealing with.
Comments
Disclaimer & comment rulesNeutral impact he says, lol Feletti, dude, you're getting burned. The soybean god is helping El Modelo to continue, don't abuse it Feletti :)
Sep 29th, 2011 - 04:50 pm - Link - Report abuse 0Felloti puts a brave face on it.
Sep 30th, 2011 - 08:55 pm - Link - Report abuse 02012/13 could be very, very bad.
With IADB linked to IMF saying No Money,
and the 'vultures' (bad word for those so kind to risk lending Argentina money) - those politely saying could we have back the money we lent you, now it is long past its due date.
Argentina may have to sell the country - just the agriculurally productive soya & beef areas - to China, etc, to pay back the money it owes and to borrow more to stop the country from sinking and drowning.
And please don't think the land-sale documents are 'just a piece of paper' - this is CHINA you are dealing with.
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