OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.


Posted by ipso facto @ 12:39 on July 28, 2014  

“I know Argentina recently had some ruling against them by US courts that they had to pay hedge funds $2 billion or something. Why on earth would they comply?”

The only reason Argentina would pay is because they’re paying off bonds that they issued previously and tried to default on. If they want to keep borrowing money then they have to pay off their old debts. Argentina is between the devil and the deep blue sea. They used to have a prosperous country before the socialists got ahold of them.

Like you I don’t see the Russian gov paying that $50 billion. Yeah right!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.