One country to avoid as a possible Atlantis: Argentina

Posted by $ blarman 8 years, 9 months ago to Economics
22 comments | Share | Flag

Any country that can't pay its debts and is constantly turning over its leadership in military coups is off my list.
SOURCE URL: http://www.bloomberg.com/news/features/2015-07-17/-no-why-argentina-refuses-to-pay-its-debts


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read

  • Posted by $ Stormi 8 years, 9 months ago
    Beware of land around Paraguay., as the Bush political family has bought up the largest aquifer in South America near Paraguay. You might die of thirst, or pay through the nose.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by $ jlc 8 years, 9 months ago
    There was a Gulcher who had a small hacienda in the wilds of Argentina, no? He was working up to the point of putting in solar panels, as I recall. The reason he liked/recommended Argentina was because it ignored the little guys out in the wide wide expanse of countryside.

    Jan
    Reply | Mark as read | Best of... | Permalink  
  • Posted by scojohnson 8 years, 9 months ago
    Just not a good idea to consider any socialist/communist banana republic... Even if you think you have a deal, the next coup and despot comes along and we might be really screwed. Better to stick with more stable options.

    These clowns took on the British Navy if you recall with row boats and ancient soviet fighters over a very long-standing protectorate of the crown if you recall... Evidence of not respecting sovereign lands/agreements.
    Reply | Mark as read | Best of... | Permalink  
  • Posted by bobcorlett 8 years, 9 months ago
    On the way to downtown buenos aires are ten to fifteen public housing high rises that are completely destroyed and abandoned. As the song goes "when will they ever learn"
    Reply | Mark as read | Best of... | Permalink  
  • Posted by Temlakos 8 years, 9 months ago
    Let's not forget the fate of Argentina in Part Three, when Francisco d'Anconia set off his bombs and then left the Calendar Message in New York. I would imagine he left a comparable message in Buenos Aires: ¡Hermano, usted lo exigía!
    Reply | Mark as read | Best of... | Permalink  
  • Posted by freedomforall 8 years, 9 months ago
    I agree with your comment regarding military coups, but Bloomberg is not an unbiased source of information about any country that tells the banking cartel to take their manipulated contracts and shove them.
    I don't think any major media source is unbiased; the banking cartel hydra has serpent tentacles in all of them.
    Reply | Mark as read | Best of... | Permalink  
    • Posted by $ 8 years, 9 months ago
      Oh, I am by no means promoting Bloomberg, but no news organization gets it wrong 100% of the time.

      What I found of note was that Argentina had made a societal decision to embrace default. That to me was fascinating as it is the quintessential looter mindset.
      Reply | Mark as read | Parent | Best of... | Permalink  
      • Posted by freedomforall 8 years, 9 months ago
        Well, the US is being run by looters and banksters who are throwing away everything that has been built. Will you pay off their debts created without your consent? I won't. Most people in Argentina may be in the same situation.
        Reply | Mark as read | Parent | Best of... | Permalink  

FORMATTING HELP

  • Comment hidden. Undo