| Topic: | Re:Re:Re:Re:Re:Its the bankers or us.... | |
| Posted by: | Carrie Richards | |
| Date/Time: | 05/12/10 17:22:00 |
| Well Argentina defaulted and seems to have not suffered that much as a result. If you default, it means you cant get anymore credit - and thats what we are supposed to do....live within our means. "Indeed, capital markets appear to have a remarkably short memory. Argentina has defaulted on its foreign debts five times in the past 175 years; Brazil seven times; and Venezuela nine times. A debtor can default no more than once, unless a creditor is willing to forgive and forget. Amnesia sometimes sets in remarkably quickly. The bad loans that Argentina inherited from the debt crisis of the 1980s were written down in 1992. Just three years later, Argentina was carrying more foreign debt, both in absolute terms and relative to the size of its GDP, than it had in 1991" |
| Topic | Date Posted | Posted By |
| Its the bankers or us.... | 03/12/10 20:28:00 | Carrie Richards |
| Re:Its the bankers or us.... | 03/12/10 20:28:00 | Carrie Richards |
| Re:Re:Its the bankers or us.... | 04/12/10 08:48:00 | Stewart Dean |
| Re:Re:Re:Its the bankers or us.... | 04/12/10 10:57:00 | Carrie Richards |
| Re:Re:Re:Re:Its the bankers or us.... | 04/12/10 19:36:00 | Stewart Dean |
| Re:Re:Re:Re:Re:Its the bankers or us.... | 05/12/10 11:21:00 | William Beausire |
| Re:Re:Re:Re:Re:Its the bankers or us.... | 05/12/10 17:22:00 | Carrie Richards |
| Re:Re:Re:Re:Re:Re:Its the bankers or us.... | 05/12/10 17:25:00 | William Beausire |
| Re:Re:Re:Re:Re:Re:Re:Its the bankers or us.... | 05/12/10 18:59:00 | Carrie Richards |
| Re:Re:Its the bankers or us.... | 05/12/10 11:22:00 | William Beausire |
| Re:Re:Re:Its the bankers or us.... | 05/12/10 19:21:00 | Carrie Richards |
| Re:Re:Re:Re:Its the bankers or us.... | 06/12/10 06:30:00 | William Beausire |
| Re:Re:Its the bankers or us.... | 05/12/10 11:59:00 | James Holmes-Siedle |
| Re:Its the bankers or us.... | 03/12/10 20:39:00 | Lucy Chambers |
| Re:Re:Its the bankers or us.... | 03/12/10 22:04:00 | Carrie Richards |
| Re:Re:Re:Its the bankers or us.... | 04/12/10 19:42:00 | Stewart Dean |
| Re:Re:Re:Re:Its the bankers or us.... | 05/12/10 09:26:00 | Alan Clark |
| Re:Re:Re:Re:Re:Its the bankers or us.... | 05/12/10 12:48:00 | Steve Taylor |
| Re:Re:Re:Re:Re:Re:Its the bankers or us.... | 05/12/10 18:43:00 | Lucy Chambers |
| Re:Re:Re:Re:Re:Re:Re:Its the bankers or us.... | 06/12/10 07:11:00 | Stewart Dean |
| Re:Re:Re:Re:Re:Re:Re:Its the bankers or us.... | 06/12/10 08:49:00 | Stephen Moore |
| Re:Re:Re:Re:Re:Re:Re:Re:Its the bankers or us.... | 06/12/10 08:50:00 | Stephen Moore |
| Re:Re:Re:Re:Re:Its the bankers or us.... | 06/12/10 07:18:00 | Stewart Dean |