Argentina’s Creative Approaches to Debt Write Offs

[MilHojas]

Argentina’s Creative Approaches to Debt Write Offs | The Daily Economy

"Whereas some private vulture funds found brutal means to achieve full repayment on their assets, international public institutions such as the IMF wer ...

www.aier.org

 

[toongeorges]

As a side note, the guy at INDEC who invented underestimating inflation in the 2007-2015 period, so the interest on inflation linked bonds would stay low was Alberto Fernandez.

 

[Ries]

AIER is a right wing "think tank" associated with the Koch brothers, and also invests in things it then writes "impartial" papers about.

The Idea the the IMF is "unaware" of what its doing is peculiarly right wing.
The IMF is not a profit making investor in debt, like AIER- its an international Development agency, whose main goal is to see countries prosper and improve. Sometimes they decide to forgive debt, or write it down, because profit is not their overriding goal.