Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (25719)	12/8/2004 5:23:49 PM
From: GraceZ	Read Replies (2) \| Respond to of 306849

Do you know what the ratio of national debt to GDP in Argentina was before their melt down?

To: Elroy Jetson who wrote (25719)	12/8/2004 5:44:03 PM
From: JBTFD	Read Replies (1) \| Respond to 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.