CNBC: ….
Update #1: Argentine bonds teeter on signals expected from IMF about debt revamp talks (Reuters)
Update #2: IMF Cannot Offer Argentina a Haircut on Loan, Georgieva Says (Bloomberg)
WNU Editor: One of my favourite sayings is the following …. Fool me once, shame on you. Fool me twice, I am an idiot. The IMF and the other lenders are idiots. Argentina‘s government has a long history of borrowing money, and then demanding partial payments and/or not paying it back. No one should lend them money.
Source: Argentina Is Facing The Prospect Of Another Massive Default
Category: argentina, IMF
