Effects Of A Default On Expats

spend all your money and dont save, otherwise you're a vulture!

no foreign holidays, anything more than a few days in caracas to pay homage to birdy maduro and you're a vulture!

expat?...you're a vulture!

Got dollars? Damn vulture!

I see potential election strategy forming before my eyes. Vote for Kretin, otherwise.....vvvvvulllttturrreeeeee!

Am I doing it right? Remember, my services as an online shill are available at discount rates. I want in. Where do i sign up?
 
Next problem for Argentina = declining soja prices (once again the US are guilty = this year's crop has been exceptional <- irony inside B) ) + future bond repayments (next government).

Article above could have included those in the strange things
- Recent evolution of the pari passu (again by Anna Gelpern), http://www.ilf-frankfurt.de/uploads/media/Anna_Gelpern_Overview.pdf
- The strange interpretation of the Champerty doctrine
- Blocking the euro bonds then releasing them right after the CDS activated

Could make a movie
 
Defaults? It looks Lat Am countries, Caribbean also has history of getting in financial chaos.

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/07/20140801_latam.jpg
 
spend all your money and dont save, otherwise you're a vulture!

no foreign holidays, anything more than a few days in caracas to pay homage to birdy maduro and you're a vulture!

expat?...you're a vulture!

Got dollars? Damn vulture!

I see potential election strategy forming before my eyes. Vote for Kretin, otherwise.....vvvvvulllttturrreeeeee!

Am I doing it right? Remember, my services as an online shill are available at discount rates. I want in. Where do i sign up?
You forgot: "believe that debts should be repaid - you're a vulture!"
 
Why does Don Alberto keep changing his/her avatar often?
Because some unusually stupid members of baexpats have the weird idea that you can conclude something about a person based on their avatar.

I plan to change it 2 or 3 times more to make them totally confused, before I change back to my original avatar.
 
This article made it very clear as to the cause of the default. Everything will be fine for Argentina, and not so fine for the greedy hedge funds. We just need to wait it out.

http://www.washingto...-weird-default/
It is always interesting to read an article written by someone who doesn't know what he is talking about. All his mistakes have already been documented in this thread.
 
A solution to the default? If that was Argentina's plan, would be interesting to understand why the country didn't do that before

http://www.businessweek.com/articles/2014-08-04/argentinas-plan-to-escape-default-is-hidden-in-the-fine-print
 
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