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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (35769)	6/15/2008 12:44:07 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 219738

Interesting article - their own government are driving the country into the ground? (from the link you posted) “We’re not teetering on the brink of default but if we continue down this path, with this level of [social] conflict, we could get there” according to Mr Abram. Many developed countries, including Italy and Japan, have higher ratios of debt to GDP but Argentina’s higher borrowing costs and rocky institutional record make it harder to secure credit. “The worry is not the amount, it’s that we won’t have access to credit,” Mr Abram said. The six-month-old government of President Cristina Fernández de Kirchner has been struggling to resolve a conflict with farmers after it imposed a sliding scale of export tariffs on key agricultural exports in March. The unrest has spread to truck drivers, who have mounted roadblocks to demand an end to the farm dispute, which has disrupted grains transportation.