MercoPress. South Atlantic News Agency
ITUC: “IMF program in Argentina has failed to deliver on its promises”
One year since its start, it has become clear that the IMF program in Argentina has failed to deliver on its promises to fix the economy while protecting the most vulnerable. Despite the worsening economy, large human costs, and a significant downward adjustment of growth projections, the IMF is doubling down on its austerity approach and requiring additional spending cuts to meet budget targets. Read full article
Comments
Disclaimer & comment rulesYes why not blame the IMF? If the IMF had not given a loan where would Argentina be now. Bankrupt I would suggest. All the Unions would want is handouts, it does not work that way.
Jul 02nd, 2019 - 04:36 pm - Link - Report abuse 0Alphabet soup of global elites are a plague.
Jul 02nd, 2019 - 05:15 pm - Link - Report abuse 0Chronic agrees with CFK, how sweet.
Jul 02nd, 2019 - 08:52 pm - Link - Report abuse 0TWIMC...
Jul 02nd, 2019 - 10:44 pm - Link - Report abuse -1Today's WSJ says...
***“ The potential departure of Christine Lagarde from the International Monetary Fund could kick off a complicated process to find a successor who can both win global support and step into the shoes of a woman credited with mending the institution’s damaged reputation.”***
Today's MercoPress article says...:
***”IMF program in Argentina has failed to deliver on its promises”***
Today El Think says...:
Christine Madeleine Odette Lagarde's hastily renouncing the IMF directorship..., just months before the 65,000,000,000 U$D loan to Argentina shit hits the fan...
Somebody in the IMF will... very soon..., have to explain why they disrdegarded all their statutes and loaned the completey inept ( if not directly criminal...) current Argentinean administration circa 60% of their loan capital without controlling that the loaned funds weren't used for financial speculation..., as they were...
Soon... Southern Phoenix Cristina will arise from the ashes and Northern Phoenix Christine will return to be ashes..., in a biiig show of flames and combustion...
Associated with the Sun, a phoenix obtains new life by arising from the ashes of its predecessor. According to some sources, the phoenix dies in a show of flames and combustio
Do you have a reason to think the IMF will have to explain anything to anybody, or that this loan is going to cause any problems for them? People like that never pay for their bad financial decisions, it's ordinary people and the poor who pay for their mistakes as well as their own.
Jul 02nd, 2019 - 11:08 pm - Link - Report abuse 0Yes..., I have...
Jul 02nd, 2019 - 11:40 pm - Link - Report abuse 0Glad to hear it. Care to share?
Jul 03rd, 2019 - 08:27 am - Link - Report abuse 0Try googleing..., lazy boy...
Jul 03rd, 2019 - 11:15 am - Link - Report abuse -1Start with...: “IMF Argentina 2001 Moral Hazard”
Some 30 (thirthy) IMF top executives had to look after “new horizons” after them raports...
And..., Argentina 2001 involved less than U$D 6 billion of IMF monies...
During 2018/19 they threw..., without any bloody control..., ~U$D 65 billion to them pigs...
That got to cost some fine folks heads...
Doesn't seem to have done Christine Lagarde any harm: https://edition.cnn.com/2019/07/02/economy/christine-lagarde-ecb/index.html
Jul 03rd, 2019 - 01:31 pm - Link - Report abuse 0Boy..., your laziness is worrying...
Jul 03rd, 2019 - 04:14 pm - Link - Report abuse -1The 65,000,000,000 U$D uncontrolled loan scandal to Argentina hasn't hit the fan yet..., has it...?
When it does..., I expect Mme. Lagarde's defence to be similar to Mme. Elizabeth Jean Carroll's sad story...
It will go something like this...:
***“ She will claim that she ran into Trump at some department store and he asked for advice on a loan to an Argie millonaire pal ofhis..., and that they eventually ended up in the lingerie department where Trump coerced her into a dressing room...
-The moment the dressing-room door is closed, he lunges at me, pushes me against the wall...
He seizes both my arms and pushes me up against the wall a second time, and, as I become aware of how large he is, he holds me against the wall with his shoulder and jams his hand under my coatdress and pulls down my tights,..., se will say...
And then...., he forced me to loan his Argie bestie some 65,000,000,000 U$D from IMF's monies...”***
Let's wait and see how that works out...
Chuckle..., chuckle...
Yeah, because rape and rape accusations are such a hilarious topic... what's wrong with you?
Jul 03rd, 2019 - 04:25 pm - Link - Report abuse 0No, boy... what's wrong with YOU...?
Jul 03rd, 2019 - 05:31 pm - Link - Report abuse -1You play the “Faux Indignation” card against me taking the piss of a evidently inconsequential rich, powerful Yank girls 30 years old rape accusation against a rich, powerful Yank man in a rich Yank department store...., whilst ignoring the seriousness of the IMF literally violating millions of Argentines and directly causing the deaths of hundreds of the poorests ones...
You play the “Faux Indignation” card against me..., when I use the “Sandnigga” Anglo word because it offends some Sandnigga friends of yours that have never heard of or read MercoPress..., whilst stating on these very same pages that..., in your opinion..., a wounded..., unarmed and neutralised Sandnigga combatant deserves to be assasinated by an Anglo soldier...
Yupppp..., boy..., what's wrong with YOU...!!!
What's happening around the world right now, where people finally feel able to speak out about the abuse they suffered long ago, is not at all inconsequential. You can talk about how serious the situation the IMF caused is without joking about rape, even if it was between two 'rich, powerful Yanks'. And how is me thinking the IMF directors will probably get away with it ignoring the seriousness of what they've done?
Jul 03rd, 2019 - 07:18 pm - Link - Report abuse +1RE that Taliban fighter, I was doing what you like to do; pretending to hold your beliefs and taking them to their logical conclusion. But I shouldn't have done it. The soldier killing him was wrong, and they were right to put him in jail. As for your language, why go out of your way to offend people? The best case is you're trying to be edgy, the worst you really believe it. And I'm never sure it's not the second.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!