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Re: StephanieVanbryce post# 28651

Wednesday, 12/21/2005 12:02:48 AM

Wednesday, December 21, 2005 12:02:48 AM

Post# of 449904
What I forgot to tell you is Argentina is liquidating aprox 1/3 of it's foreign reserves to get out from under it's IMF debt three years early.

It's a major turn around for a country racked with crippling inflationary concerns. This fact and fact millions of dollars left Argentina with the last devaluation practically ruined the middle classes. The IMF wanted them to cool down the their economy even further.

Argentina is essentially saying "No, no more!".


Buena Vista que amanece el sol!

http://www.ronpaul2008.com


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