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GAIA Host Collective
Freddy,
Do you think Asia or Europe will do business with Argentina, then ?
Doesn't matter. Any new lender is dealing with what we might call a post chapter 11 entity. All the ratios are new since their currency devaluation and accumulation of usdollars for Reserves.
The IMF et al called Argentina's bluff. And Argentina had no Plan B.
They needed outside help three years ago, not now.
But the lesson is, when u have seen someone blowoff a lender, why would u get in line to get f*cked?