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Re: Argentina is running 40% inflation this year. 

By: ribit in FFFT3 | Recommend this post (3)
Thu, 02 Oct 14 3:59 AM | 92 view(s)
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Msg. 02935 of 65535
(This msg. is a reply to 02934 by keystone)

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keystone
Argentina has simply run out of "other people's money" in the redistribution game.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!


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The above is a reply to the following message:
Argentina is running 40% inflation this year.
By: keystone
in FFFT3
Thu, 02 Oct 14 3:54 AM
Msg. 02934 of 65535

The peso is collapsing. The IMF has warned them that their government numbers are not reliable.

Argentina is no stranger to default. It is no stranger to taking on debt.
The vulture funds are looking for less than two billion dollars. Argentina defaulted on 100 billion dollars.

The vulture funds are not at fault for Argentina's misery.


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