Argentina's Superminister Sergio Massa and International Monetary Fund (IMF) Managing Director Kristialina Georgieva Monday reached an agreement for a US$ 4 billion loan for the country's Central Bank (BCRA). Read full article
Once again Argentina borrows money to repay an existing debt. Cant keep that up for ever. Soon something has to give.
Argentina has become a colony of the IMF remember they dont like the term colonise. They have become Grant aid to the IMF . I would be very worried if I were in Argentina.
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Disclaimer & comment rulesOnce again Argentina borrows money to repay an existing debt. Cant keep that up for ever. Soon something has to give.
Sep 13th, 2022 - 02:10 pm - Link - Report abuse +1Argentina has become a colony of the IMF remember they dont like the term colonise. They have become Grant aid to the IMF . I would be very worried if I were in Argentina.
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