The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (25719)	12/8/2004 5:44:03 PM
From: JBTFD	Read Replies (1) of 306849

IMO Argentina was a victim of a fraud of similar unscrupulousness as Suma was. The IMF and World Bank come in and loan a country money on the basis of it's agreement to sign over it's natural resources as collateral and make it's economic system subject to structural adjustments. Long story short the country ends up losing it's rights to it's natural resources because of default.

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