Why Are Dollar Bonds Being Abandoned By Investors ??

[sesamosinsal]

It's what every outgoing Argentine government does, but that doesn't make it right.

Except for Perón.

 

[sesamosinsal]

Try and forget all the GDP to debt ratios and such for a minute. The one and only question is, can Argentina service its debt?

You're asking the last question on the list. The first one is, will anyone now invest in the country? This agreement opens the door to much needed foreign investment, and that's one of the reasons why it's so significant.

No one is really asking the question about debt servicing because it's already quite obvious that the ship is going to sink if the current situation persists. An agreement with the Paris Club means that they might just be able to keep it afloat.

 

[Joe]

You say that because I'm a capitalist, I don't care for the People. Mr Possum, I'm pretty sure I don't know you outside the forum and I would appreciate it if you would not put words into my mouth, or actions into my existence.

Mr. Possum is a Socialist, and he knows what he's doing.

 

[ajoknoblauch]

Sigh. President Rouhani came out the very next day and said they should not be punished for being happy. This means they will not be punished, as he is both President and a renowned authority on Islamic law, as well as a lawyer, and diplomat. This is just more Fox news BS.

Women's rights? Here is his position-
There must be equal opportunities for women. There is no difference between man and woman in their creation, in their humanity, in their pursuit of knowledge, in their understanding, in their intelligence, in their religious piety, in serving God and in serving people.

But, hey, great job of dodging the facts.

Rouhani may mean well, and have the support of other equally well-meaning Iranians, but the mullahs are still in charge.

 

[ajoknoblauch]

Mr. Possum is a Socialist, and he knows what he's doing.

Socialism has its good points. Demagogic populism does not.

 

[Redpossum]

Then, according to you:

1. I'm a capitalist.
   
2. My concern is NOT for the people.
   
3. My thoughts illogical and not connected.
   
4. I'm not establishing anything.

My response:

1. I'm not a capitalist. I do believe in some capitalist ideas, absolutely. I AM a Libertarian (among other things). Not a US Republican with "liberal" social beliefs. If you don't understand the difference, do some research. If you still think my ideas are wholly capitalistic, I'd be happy to debate them with you in a non-condescending manner.

(wall o text edited for brevity)

Libertarian, eh? Take a look, your boys Ron Paul and Rand Paul are both members of the Republican party. And in practical terms, Libertarians are Conservatives, because their policies would be hugely beneficial to the rich, and horribly detrimental to the poor. I don't need to hear about the theory, I've been lectured for hours about Libertarianism.

If you help 30 poor people every day, more power to you. I sincerely respect that. But you were the one who said that your primary concern was for foreign investors. How do you expect that to be interpreted? If you care first about the poor, why didn't you say so?

And the reason the regulars agree is because they're Conservatives, too. That doesn't mean you're correct. It's called groupthink.

 

[thorsten]

Libertarian, eh? Take a look, your boys Ron Paul and Rand Paul are both members of the Republican party. And in practical terms, Libertarians are Conservatives, because their policies would be hugely beneficial to the rich, and horribly detrimental to the poor. I don't need to hear about the theory, I've been lectured for hours about Libertarianism.

Not very successful though...

 

[ajoknoblauch]

(wall o text edited for brevity)

Libertarian, eh? Take a look, your boys Ron Paul and Rand Paul are both members of the Republican party. And in practical terms, Libertarians are Conservatives, because their policies would be hugely beneficial to the rich, and horribly detrimental to the poor. I don't need to hear about the theory, I've been lectured for hours about Libertarianism.

If you help 30 poor people every day, more power to you. I sincerely respect that. But you were the one who said that your primary concern was for foreign investors. How do you expect that to be interpreted? If you care first about the poor, why didn't you say so?

And the reason the regulars agree is because they're Conservatives, too. That doesn't mean you're correct. It's called groupthink.

Like socialists, libertarians have their good points, but their extreme disregard for the less fortunate overwhelms those good points. Selfishness is not a virtue, and never will be.

 

[mmoon]

In the meantime, while everyone is slinging mud and trying to find labels for each other, the threat of another default is becoming more real...

http://finance.yahoo.com/news/leaked-embarrassing-memo-could-ruin-171927448.html

Sounds like Argentina is already anticipating the likely need for another default if the Supreme Court doesn't hear their case.

 

[ghost]

In the meantime, while everyone is slinging mud and trying to find labels for each other, the threat of another default is becoming more real...

http://finance.yahoo...-171927448.html

Sounds like Argentina is already anticipating the likely need for another default if the Supreme Court doesn't hear their case.

In NY it called a fire of convenience when a restaurant burns down. It's just part of the plan.