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Latin America

sandensea

(23,362 posts)

2. The Shrub did in fact almost put us in an Argentina situation in '08, with the derivatives collapse.

Reply to asiliveandbreathe (Reply #1)

Fri Jun 29, 2018, 03:46 PM

Jun 2018

Fortunately, the Fed was able to print $20 trillion to paper over said losses - something Argentina (and most other countries) simply can't as theirs are not hard currencies.

Thank goodness for the almighty dollar. Here's hoping no GOPee regime ever ruins that - because they certainly like trying to do so.

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Recession feared in Argentina as cracks in economy grow [View all] sandensea Jun 2018 OP

I misread - Argentina to America - AFTER I READ THE OP - asiliveandbreathe Jun 2018 #1

The Shrub did in fact almost put us in an Argentina situation in '08, with the derivatives collapse. sandensea Jun 2018 #2

Reading each new report is like watching a serialized monster film, isn't it? Judi Lynn Jun 2018 #3

Bloomberg now realizes that these people aren't 'pro business' - they're pro monkey business. sandensea Jun 2018 #4