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Montevideo, August 14th 2022 - 02:57 UTC

 

 

Overwhelmed by the pandemic, Ecuador on the cliff of a US$ 17bn default

Saturday, April 18th 2020 - 08:56 UTC
Full article 3 comments

The coronavirus outbreak in Ecuador is increasing pressure on President Lenin Moreno to default on US$ 17 billion in debt and devote more resources toward fighting a pandemic that has left bodies in the streets of the nation’s largest city. Read full article

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  • Enrique Massot

    Surprisingly, MP's know-it-all commentators are not coming to criticize the disastrous failure of Ecuador's latest neo-liberal apprentice.

    Which comes up to show the failure of an ideology that has kept Latin America in the Dark Age.

    Apr 19th, 2020 - 04:41 pm - Link - Report abuse +1
  • bushpilot

    Socialist ideologies lead to a golden age.
    Free markets are a Dark Age.

    Apr 20th, 2020 - 04:24 am - Link - Report abuse 0
  • DemonTree

    “Free markets are a Dark Age.”

    After being run for a few years by free market governments, both Argentina and Ecuador are on the verge of default. If the shoe fits...

    Argentina now has a socialist government and a low death rate from coronavirus. Ecuador still has the free-marketers in charge, and Ecuador has bodies lying in the streets.

    Apr 21st, 2020 - 10:53 am - Link - Report abuse 0

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