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(19,497 posts)

17. P. T. Barnum must feel all warm and fuzzy inside.

Wed Jun 18, 2014, 10:31 PM

Jun 2014

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35 replies

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Argentina fears new crisis as vultures circle after US supreme court ruling [View all] dipsydoodle Jun 2014 OP

Repaying borrowed money? That's just crazy talk! Nuclear Unicorn Jun 2014 #1

What scam? Nuclear Unicorn Jun 2014 #20

So what was the scam? badtoworse Jun 2014 #23

Argentina sold bonds by choice to cover debts incurred by its own policies. Nuclear Unicorn Jun 2014 #30

No, they just want the cake they are owed. nt Demo_Chris Jun 2014 #4

Who knows what interest rate they were issued at. Igel Jun 2014 #8

Nice explanation. And most of the bonds are to be repaid in 2033. Fred Sanders Jun 2014 #14

and they sort of could have easily done it hfojvt Jun 2014 #33

Their choice is to repay the bonds or lose the ability to run deficits. Nuclear Unicorn Jun 2014 #11

Well, that would be a hyper exaggeration: Fred Sanders Jun 2014 #13

"Negotiate" is spin-speak for pay pennies on the dollar... Nuclear Unicorn Jun 2014 #15

P. T. Barnum must feel all warm and fuzzy inside. Nuclear Unicorn Jun 2014 #17

There's a sucker born every minute - says the COLGATE4 Jun 2014 #29

k&r for exposure. n/t Laelth Jun 2014 #3

I'm sorry but WTF does SCOTUS have to do with... Moliere Jun 2014 #5

Did you see the thread on cutting off water in Detroit? neverforget Jun 2014 #9

I did not read it. Seemed too comical to bother with. Fred Sanders Jun 2014 #10

Not that I know of nt hack89 Jun 2014 #31

Argentina has issued their bonds in NY since 1976 hack89 Jun 2014 #32

I Agree, Ma'am: The Vulture Funds Should Not Get One Thin Dime The Magistrate Jun 2014 #24

Thank you! n/t sabrina 1 Jun 2014 #26

Lots and lots of huffing and puffing from Argentina, Nye Bevan Jun 2014 #27

I think their last experience with the British COLGATE4 Jun 2014 #28