"Pray" for Argentina

[Larissa]

The IMF guys are negotiating in my country to extend the due dates of the repayment of loans. I truly hope they don't come up with the idiotic idea of lending us some more $.

I hope they had never ever given us any f...money. Argentina is a country that can stand by itself, it has plenty of resources and people who do work hard and don't steal.

Another IMF loan would mean the continuation of slavery, as ususal.

The external debt was duplicated during the military dictatorship (1976-1983) and grew 5 fives more after the 10-year government of Menem (the crookest imbecile who ruled the country).

Now, why do I have to pay this debt!!!!

I want these IMF guys outta here asap!!!!

Sorry about this post, I'm kind of sick about this!

[Guardia Bolivariano]

I hear you Larissa, those damn banks and criminal presidents like Menem who sent argentine troups to the gulf made a false notion of a "first world nation in south america" wen in reality the ruined such a beautyfull country as Argentina that has so much potencial on a human a land basis.Let's hope these next elections create the much needed change.

[Larissa]

Quote: from Guardia Bolivariano on 5:53 pm on Jan. 14, 2003
I hear you Larissa, those damn banks and criminal presidents like Menem who sent argentine troups to the gulf made a false notion of a "first world nation in south america" wen in reality the ruined such a beautyfull country as Argentina that has so much potencial on a human a land basis.Let's hope these next elections create the much needed change.

Thanks for your support Guardia! We all hope so!

[nz revolution]

How do you expect the IMF to control your country if you dont have more debt?

FUCK THE IMF, BOMB THE HQ AND SHOOT THE LACKEYS

[Larissa]

Quote: from nz revolution on 8:00 am on Jan. 15, 2003
How do you expect the IMF to control your country if you dont have more debt?

FUCK THE IMF, BOMB THE HQ AND SHOOT THE LACKEYS The debt is so huge that even my greatgrandchildren will be still paying for it.

[Fires of History]

Quote: from Larissa on 12:44 pm on Jan. 15, 2003
The debt is so huge that even my greatgrandchildren will be still paying for it.


Well, that was the idea.

What are other options? Are people in Argentina working against the IMF?

And of course what NZ Revolution said. I truly wonder what would happen if a group of nations banded together and said, "Nope. WE are cancelling our debt with you IMF. Just thought we'd let you know." Any war or revolution as a result of that would certainly be worth joining.

Anyway, Larissa, don't feel you need to ever apologize for any posts you feel you want to make. WE UNDERSTAND, trust me ;)

[Larissa]

Personally, I wouldn't pay the debt. I think the IMF loans have already been repaid.

Not paying the debt means a chance for a change. And every revolution is a big change, so if only more countries joined together under a non-debt-pay basis, a significant change could be achieved.

Today, Latin America is growing stronger. Our President has met with Brazil's prez to strengthen the Mercosur (the alliance Clinton unsuccessfully tried to break in the past).

With, Lula in Brazil, Chavez in Venezuela and now Lucio Gutierrez in Ecuador (+ Fidel in Cuba), I have more hope regarding the future of latin america in terms of getting rid of the US domination. Also, I have to mention that political life in Bolivia is quite hectic nowadays as well.

[redstar2000]

I very much hope that Argentina, Brazil, etc. will totally repudiate the "debts" to the International Monetary Fund, World Bank, etc.

These institutions have never been anything but a "scam" for the benefit of U.S. finance capital since they were established after World War II.

It's long since time to bust up what has always been nothing more than a crooked card game, a racket pure and simple. Every country in the world should tell the IMF/World Bank to go piss up a stump!

:cool:

[Larissa]

If anyone is interested, the folllowing is an update published by the BBC

"The Argentine economy is still in recession

Argentina has said it will meet a $1bn debt payment to the IMF, avoiding a potentially damaging default.
The deadline for the payment was Friday.

The move comes as Argentina clinched an aid deal with the IMF to refinance its short-term debts.

Argentina has battled for a year for the IMF deal to help end a four-year recession that culminated in the biggest ever sovereign debt default last year.

Starving

Earlier on Thursday, the country provisionally agreed new terms on its short-term IMF loans.

The country's economy minister, Roberto Lavagna, signed a letter of intent with the IMF earlier on Thursday.

Although it will mean no new cash, the move paves the way for the refinancing of $6.6bn owed to the fund between now and August.

Part of that $6.6bn will be refinanced over three to five years.

The agreement should be made final after the IMF executive board approves Mr Lavagna's letter of intent.

An IMF delegation left Buenos Aires straight after the signing.

Argentina is experiencing its worst economic crisis in decades and is in default on loans with most major international donors.

Half the country's population is living in poverty and children have begun starving to death in the north of the country.

Earlier this week, Argentina defaulted a crucial $681m debt payment to the Inter-American Development Bank (IADB).

The decision could cost the country one of its few remaining sources of foreign credit. "

http://news.bbc.co.uk/2/hi/business/2666793.stm

[CopperGoat]

Hey Larissa, you make a great South and Latin American correspondent. Great job! I was wondering, is there a lot of people in Argentina that admire Che? Since Che was born in Argentina.

[El Brujo]

Funny how the yanks take advantage of countries in economic crisis by "loaning" them money when they themselves don't pay back the enormous foreign debpt they owe the world.

BTW: My parents went to the same medical school as Che.

[Larissa]

Quote: from El Brujo on 5:11 am on Jan. 18, 2003
Funny how the yanks take advantage of countries in economic crisis by "loaning" them money when they themselves don't pay back the enormous foreign debpt they owe the world.

BTW: My parents went to the same medical school as Che. Aguante la UBA, Brujo!

[Larissa]

Quote: from CopperGoat on 10:19 pm on Jan. 17, 2003
Hey Larissa, you make a great South and Latin American correspondent. Great job! I was wondering, is there a lot of people in Argentina that admire Che? Since Che was born in Argentina.
I guess most of us admire him. Actually, there is a school that teaches his principles at the "Madres de Plaza de Mayo" University.
http://www.madres.org/catedra_che/contenid...augura_hebe.htm (http://www.madres.org/catedra_che/contenido/cat_che_020426_inaugura_hebe.htm)
(We can't hide the fact that we feel very proud that he was born here):wink: