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Argentina Bond Default Deadline Looms - 7/30/14
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Topic: Argentina Bond Default Deadline Looms - 7/30/14 (Read 750 times)
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Libertas
Conservative Superhero
Posts: 64006
Alea iacta est! Libertatem aut mori!
Argentina Bond Default Deadline Looms - 7/30/14
«
on:
July 17, 2014, 08:12:57 AM »
http://www.zerohedge.com/news/2014-07-16/two-weeks-left-argentina-starts-taking-bondholder-names
This is interesting, the PTBs have a vested interest in covering their fat crony asses, but the tug-of-war can provide some drama...seeing how this ends could show how others stressed nations handle their situations...in the end the cronies usually get things their way...one day though there could be a "screw it!" moment and missiles start flying...
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We are now where The Founders were when they faced despotism.
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Argentina Bond Default Deadline Looms - 7/30/14